# PPP loan: SPARTAN ENGINEERING INC
> **$259K** approved 05/07/2021 · Paid in Full · Loan `7475608903`
## Borrower
- **Name:** SPARTAN ENGINEERING INC
- **Address:** 525 S Lake Ave Ste 315, Duluth, MN, 55802-2368
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Utilities:** $1
- **Jobs reported:** 281
## Lender
- **Originating:** Southside Bank
- **Servicing:** Southside Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*