# PPP loan: SPI LA COPA LTD
> **$239K** approved 04/05/2020 · Paid in Full · Loan `5555627010`
## Borrower
- **Name:** SPI LA COPA LTD
- **Address:** 350 Padre Blvd, SOUTH PADRE ISLAND, TX, 78597-6501
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Utilities:** $59K
- **Jobs reported:** 10
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*