# PPP loan: SPEVCO, INC
> **$852K** approved 04/30/2020 · Paid in Full · Loan `6390847306`
## Borrower
- **Name:** SPEVCO, INC
- **Address:** 8118 REYNOLDA RD, PFAFFTOWN, NC, 27040-9661
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $852K
- **Initial approval:** $852K
- **Forgiven:** $859K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $852K
- **Jobs reported:** 77
## Lender
- **Originating:** Allegacy FCU
- **Servicing:** Allegacy FCU (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*