PPP Loan information for Spectrum comm inc

$1,989,300

Spectrum comm inc was initially approved for PPP Loan of amount $1,989,300, the current approved amount is $1,989,300. The loan was approved on 06/15/2020 by The Village Bank reported 131 jobs and $1,989,300 was used to fund payroll.

Spectrum comm inc is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Spectrum comm inc

SPECTRUM COMM INC

Date Approved

06/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SPECTRUM COMM INC

Borrower Address

1 Bayport Way, Suite 300

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1989300.00

Current Approval Amount

1989300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124183

Servicing Lender Name

Village Bank

Servicing Lender Address

13319 Midlothian Tpke

Servicing Lender City

MIDLOTHIAN

Servicing Lender State

VA

Servicing Lender Zip

23113-4271

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-0001

CD

VA-03

Jobs Reported

131

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1989300.00

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

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2008806.19

Forgiveness Date

06/11/2021

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