# PPP loan: SPM PROPERTIES INC.
> **$300K** approved 02/24/2021 · Paid in Full · Loan `3975478507`
## Borrower
- **Name:** SPM PROPERTIES INC.
- **Address:** 1330 N Broadway Ste C, Walnut Creek, CA, 94596-4646
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 07/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 29
## Lender
- **Originating:** Fremont Bank
- **Servicing:** Fremont Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*