# PPP loan: SPANIER BUS SERVICE, INC.
> **$292K** approved 04/03/2020 · Paid in Full · Loan `4509987007`
## Borrower
- **Name:** SPANIER BUS SERVICE, INC.
- **Address:** 1310 SUN RIDGE DR, SAINT CLOUD, MN, 56301-9143
- **NAICS:** 485410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Rent:** $43K
- **Mortgage interest:** $16K
- **Utilities:** $14K
- **Jobs reported:** 70
## Lender
- **Originating:** American Heritage National Bank
- **Servicing:** American Heritage National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*