# PPP loan: SPENCER INDUSTRIES INCORPORATED
> **$3.41M** approved 04/07/2020 · Paid in Full · Loan `6650747003`
## Borrower
- **Name:** SPENCER INDUSTRIES INCORPORATED
- **Address:** 902 BUFFALOVILLE RD, DALE, IN, 47523-9057
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.41M
- **Initial approval:** $3.41M
- **Forgiven:** $3.46M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.41M
- **Jobs reported:** 292
## Lender
- **Originating:** Freedom Bank
- **Servicing:** Freedom Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*