# PPP loan: SPITZIE'S MOTORCYCLE INC.
> **$316K** approved 04/08/2020 · Paid in Full · Loan `8421947010`
## Borrower
- **Name:** SPITZIE'S MOTORCYCLE INC.
- **Address:** 1970 Central Ave, ALBANY, NY, 12205-4218
- **NAICS:** 336991
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $24K
- **Utilities:** $10K
- **Health care:** $11K
- **Debt interest:** $20K
- **Jobs reported:** 61
## Lender
- **Originating:** Broadview Federal Credit Union
- **Servicing:** Broadview Federal Credit Union (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*