# PPP loan: SPINNAKER HOLDING INC.
> **$3.63M** approved 04/07/2020 · Paid in Full · Loan `7562967004`
## Borrower
- **Name:** SPINNAKER HOLDING INC.
- **Address:** 518 East WATER ST, TROY, OH, 45373-3400
- **NAICS:** 322220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.63M
- **Initial approval:** $3.63M
- **Forgiven:** $3.67M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.63M
- **Jobs reported:** 251
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*