# PPP loan: SPARTON ENTERPRISES INC.
> **$538K** approved 04/04/2020 · Paid in Full · Loan `5008097007`
## Borrower
- **Name:** SPARTON ENTERPRISES INC.
- **Address:** 3717 CLARK MILL RD, BARBERTON, OH, 44203-1035
- **NAICS:** 326299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $543K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $538K
- **Jobs reported:** 39
## Lender
- **Originating:** Westfield Bank, FSB
- **Servicing:** Westfield Bank, FSB (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*