PPP Loan information for Spectral evolution inc

$286,348

Spectral evolution inc was initially approved for PPP Loan of amount $288,000, the current approved amount is $286,348. The loan was approved on 04/07/2020 by The Salem Five Cents Savings Bank reported 16 jobs and $286,348 was used to fund payroll.

Spectral evolution inc is Existing or more than 2 years old

PPP Loan Search / MA / HAVERHILL / Spectral evolution inc

SPECTRAL EVOLUTION INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SPECTRAL EVOLUTION INC

Borrower Address

26 PARKRIDGE RD

Borrower City

HAVERHILL

Borrower State

MA

Borrower Zip

01835-6904

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288000.00

Current Approval Amount

286348.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAVERHILL

Project County Name

ESSEX

Project State

MA

Project Zip

01835-6904

CD

MA-03

Jobs Reported

16

NAICS Code

334510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

286348.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

288654.69

Forgiveness Date

02/02/2021

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