# PPP loan: SPOTIX, INC.
> **$314K** approved 04/27/2020 · Paid in Full · Loan `5201977209`
## Borrower
- **Name:** SPOTIX, INC.
- **Address:** 2810 Stoner Ct #1, NORTH LIBERTY, IA, 52317-9157
- **NAICS:** 442110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $335K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Jobs reported:** 33
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*