# PPP loan: R. SPARK INCORPORATED
> **$271K** approved 01/25/2021 · Paid in Full · Loan `5400748307`
## Borrower
- **Name:** R. SPARK INCORPORATED
- **Address:** 7 Commerce St Ste 4, Somerville, NJ, 08876-6039
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $271K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*