PPP Loan information for Spectrum associates llc

$50,565

Spectrum associates llc was initially approved for PPP Loan of amount $50,565, the current approved amount is $50,565. The loan was approved on 01/19/2021 by The New Market Bank reported 5 jobs and $50,565 was used to fund payroll.

Spectrum associates llc is Existing or more than 2 years old

SPECTRUM ASSOCIATES LLC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SPECTRUM ASSOCIATES LLC

Borrower Address

14250 Judicial Rd

Borrower City

Burnsville

Borrower State

MN

Borrower Zip

55306-4846

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50564.97

Current Approval Amount

50564.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burnsville

Project County Name

DAKOTA

Project State

MN

Project Zip

55306-4846

CD

MN-02

Jobs Reported

5

NAICS Code

541410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50559.97

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

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51131.57

Forgiveness Date

03/15/2022

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