# PPP loan: SPP INC.
> **$247K** approved 02/09/2021 · Charged Off · Loan `5872558405`
## Borrower
- **Name:** SPP INC.
- **Address:** 3780 Old Norcross Rd Ste 103-206, Duluth, GA, 30096-1740
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 20
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*