# PPP loan: SPICE GROUP LLC
> **$193K** approved 02/13/2021 · Exemption 4 · Loan `8767358406`
## Borrower
- **Name:** SPICE GROUP LLC
- **Address:** 5501 Baltimore Ave, Hyattsville, MD, 20781-1932
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $183K (95%)
- **Forgiveness date:** 11/01/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $192K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Burke & Herbert Bank & Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*