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
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
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
Project County Name
DAKOTA
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
51131.57
Forgiveness Date
03/15/2022