# PPP loan: SPARTON TECHNOLOGY CORP.
> **$818K** approved 04/14/2020 · Paid in Full · Loan `6062307102`
## Borrower
- **Name:** SPARTON TECHNOLOGY CORP.
- **Address:** 8 HAMPSHIRE DR, HUDSON, NH, 03051-4921
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $818K
- **Initial approval:** $818K
- **Forgiven:** $825K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $655K
- **Rent:** $62K
- **Health care:** $102K
- **Jobs reported:** 68
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*