# PPP loan: SPENCERARL NEW YORK, INC.
> **$770K** approved 04/08/2020 · Paid in Full · Loan `8059517006`
## Borrower
- **Name:** SPENCERARL NEW YORK, INC.
- **Address:** 31 Area Development Drive, PLATTSBURGH, NY, 12901-6505
- **NAICS:** 336211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $770K
- **Initial approval:** $770K
- **Forgiven:** $777K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $770K
- **Jobs reported:** 140
## Lender
- **Originating:** Community Bank, National Association
- **Servicing:** Community Bank, National Association (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*