# PPP loan: SPONGE COMPANY, INC.
> **$287K** approved 04/06/2020 · Paid in Full · Loan `5720287009`
## Borrower
- **Name:** SPONGE COMPANY, INC.
- **Address:** 11971 Grandview Rd, GRANDVIEW, MO, 64030-1109
- **NAICS:** 541614
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $287K
- **Jobs reported:** 39
## Lender
- **Originating:** UMB Bank, National Association
- **Servicing:** UMB Bank, National Association (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*