# PPP loan: SPARTAN CARBIDE INCORPORATED
> **$551K** approved 03/20/2021 · Paid in Full · Loan `5757108600`
## Borrower
- **Name:** SPARTAN CARBIDE INCORPORATED
- **Address:** 34110 Riviera, Fraser, MI, 48026-4811
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $553K (100%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $551K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*