# PPP loan: SPAWN IDEAS INC EMPLOYEE ESOP
> **$640K** approved 04/04/2020 · Paid in Full · Loan `4828937000`
## Borrower
- **Name:** SPAWN IDEAS INC EMPLOYEE ESOP
- **Address:** 510 L ST Ste 100, ANCHORAGE, AK, 99501-1935
- **NAICS:** 541613
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $643K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $640K
- **Jobs reported:** 31
## Lender
- **Originating:** Northrim Bank
- **Servicing:** Northrim Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*