PPP Loan information for Spectro alloys corporation

$2,000,000

Spectro alloys corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The BMO Harris Bank National Association reported 138 jobs and $2,000,000 was used to fund payroll.

Spectro alloys corporation is Existing or more than 2 years old

PPP Loan Search / MN / Rosemount / Spectro alloys corporation

SPECTRO ALLOYS CORPORATION

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SPECTRO ALLOYS CORPORATION

Borrower Address

13220 Doyle Path E

Borrower City

Rosemount

Borrower State

MN

Borrower Zip

55068-2510

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rosemount

Project County Name

DAKOTA

Project State

MN

Project Zip

55068-2510

CD

MN-02

Jobs Reported

138

NAICS Code

331314

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Subchapter S Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016876.71

Forgiveness Date

12/27/2021

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