# PPP loan: SPBS INC.
> **$621K** approved 03/20/2021 · Paid in Full · Loan `4787598603`
## Borrower
- **Name:** SPBS INC.
- **Address:** 4431 Long Prairie Rd Ste 100, Flower Mound, TX, 75028-1753
- **NAICS:** 811219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $627K (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $621K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*