# PPP loan: SP DISTRIBUTION LLC
> **$330K** approved 05/02/2020 · Paid in Full · Loan `9721257305`
## Borrower
- **Name:** SP DISTRIBUTION LLC
- **Address:** 320 Miracle Mile Unit 201, Coral Gables, FL, 33134
- **NAICS:** 423120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Rent:** $67K
- **Utilities:** $2K
- **Health care:** $10K
- **Jobs reported:** 21
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*