# PPP loan: SPEARS CONSTRUCTION MANAGEMENT, LLC
> **$220K** approved 05/02/2020 · Charged Off · Loan `9638547308`
## Borrower
- **Name:** SPEARS CONSTRUCTION MANAGEMENT, LLC
- **Address:** 18911 SOUTH HWY 377, CRESSON, TX, 76035
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 40
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*