# PPP loan: OPERATION SPARK
> **$299K** approved 05/21/2020 · Paid in Full · Loan `1568347805`
## Borrower
- **Name:** OPERATION SPARK
- **Address:** 643 Magazine Street Suite 206, NEW ORLEANS, LA, 70179
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Utilities:** $75K
- **Jobs reported:** 24
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*