# PPP loan: SPANDCO INC.
> **$227K** approved 04/13/2020 · Paid in Full · Loan `4313657109`
## Borrower
- **Name:** SPANDCO INC.
- **Address:** 5300 Lockport Rd scott@perryauctions.com, Lockport, NY, 14094-9235
- **NAICS:** 561990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 28
## Lender
- **Originating:** Evans Bank, National Association
- **Servicing:** Evans Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*