# PPP loan: POINT SPRING COMPANY
> **$1.75M** approved 02/10/2021 · Paid in Full · Loan `6423388401`
## Borrower
- **Name:** POINT SPRING COMPANY
- **Address:** 7307 Grand Ave, Pittsburgh, PA, 15225-1043
- **NAICS:** 423120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.75M
- **Jobs reported:** 143
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*