Date Approved
04/15/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SPECTRUM AUTOWORKS INC.
Borrower Address
14799 w 11 mile rd
Borrower City
OAK PARK
Borrower State
MI
Borrower Zip
48237-1012
Loan Status Date
02/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
31666.65
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
95979
Servicing Lender Name
Selfreliance FCU
Servicing Lender Address
2332 W Chicago Ave
Servicing Lender City
CHICAGO
Servicing Lender State
IL
Servicing Lender Zip
60622-6911
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
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
2
NAICS Code
811111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1666.65
Payroll Proceed
30000.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
31899.75
Forgiveness Date
01/07/2021