# PPP loan: SPEAR MANAGEMENT GROUP INC
> **$448K** approved 04/28/2020 · Paid in Full · Loan `7357927200`
## Borrower
- **Name:** SPEAR MANAGEMENT GROUP INC
- **Address:** 575 SOUTHBRIDGE ST, AUBURN, MA, 01501-1947
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $448K
- **Initial approval:** $448K
- **Forgiven:** $403K (90%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $448K
- **Jobs reported:** 42
## Lender
- **Originating:** Savers Co-Operative Bank
- **Servicing:** Savers Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*