# PPP loan: SPARKS INDUSTRIES LLC
> **$355K** approved 04/27/2020 · Paid in Full · Loan `4602927201`
## Borrower
- **Name:** SPARKS INDUSTRIES LLC
- **Address:** 7110 SLADEK RD., NEW HOPE, PA, 18938
- **NAICS:** 444220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Mortgage interest:** $35K
- **Utilities:** $35K
- **Jobs reported:** 26
## Lender
- **Originating:** The First National Bank and Trust Company of Newtown
- **Servicing:** The First National Bank and Trust Company of Newtown (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*