# PPP loan: SPA EXCHANGE INC
> **$270K** approved 04/07/2020 · Paid in Full · Loan `7014027003`
## Borrower
- **Name:** SPA EXCHANGE INC
- **Address:** 2940 S GALAPAGO ST, ENGLEWOOD, CO, 80110-1448
- **NAICS:** 326191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Rent:** $28K
- **Mortgage interest:** $21K
- **Utilities:** $17K
- **Health care:** $1K
- **Jobs reported:** 29
## Lender
- **Originating:** Integrity Bank & Trust
- **Servicing:** Integrity Bank & Trust (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*