# PPP loan: SPRENG-SMITH AGENCY, INC.
> **$239K** approved 04/04/2020 · Paid in Full · Loan `4615857007`
## Borrower
- **Name:** SPRENG-SMITH AGENCY, INC.
- **Address:** 320 College Avenue, ASHLAND, OH, 44805-3739
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Rent:** $7K
- **Utilities:** $5K
- **Health care:** $33K
- **Debt interest:** $5K
- **Jobs reported:** 15
## Lender
- **Originating:** Sutton Bank
- **Servicing:** Sutton Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*