# PPP loan: SPSD, INC.
> **$1.08M** approved 04/08/2020 · Paid in Full · Loan `8519307004`
## Borrower
- **Name:** SPSD, INC.
- **Address:** 1108 107TH ST, ARLINGTON, TX, 76011-3109
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $868K
- **Mortgage interest:** $217K
- **Jobs reported:** 102
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*