# PPP loan: THE SP GRILL, INC.
> **$486K** approved 04/06/2020 · Paid in Full · Loan `6339307008`
## Borrower
- **Name:** THE SP GRILL, INC.
- **Address:** 1807 W 2ND AVE, INDIANOLA, IA, 50125-2145
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $486K
- **Jobs reported:** 164
## Lender
- **Originating:** Peoples Savings Bank
- **Servicing:** Peoples Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*