# PPP loan: SPI RENTALS, LLC
> **$223K** approved 04/13/2020 · Paid in Full · Loan `5270107101`
## Borrower
- **Name:** SPI RENTALS, LLC
- **Address:** 2600 PADRE BLVD STE R, South Padre Island, TX, 78597-6996
- **NAICS:** 531311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Rent:** $5K
- **Jobs reported:** 41
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*