# PPP loan: SPARE PAIR III CORP
> **$342K** approved 02/08/2021 · Paid in Full · Loan `5514838406`
## Borrower
- **Name:** SPARE PAIR III CORP
- **Address:** 357 US Highway 9, Manalapan, NJ, 07726-3284
- **NAICS:** 446130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $342K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*