PPP Loan information for Spectrum controls inc

$1,695,800

Spectrum controls inc was initially approved for PPP Loan of amount $1,695,800, the current approved amount is $1,695,800. The loan was approved on 01/29/2021 by The Washington Trust Bank reported 72 jobs and $1,695,800 was used to fund payroll.

Spectrum controls inc is Existing or more than 2 years old

SPECTRUM CONTROLS INC

Date Approved

01/29/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

SPECTRUM CONTROLS INC

Borrower Address

1705 132nd Ave NE

Borrower City

Bellevue

Borrower State

WA

Borrower Zip

98005-2224

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1695800.00

Current Approval Amount

1695800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bellevue

Project County Name

KING

Project State

WA

Project Zip

98005-2224

CD

WA-09

Jobs Reported

72

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1695795.00

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

Corporation

Originating Lender Location Id

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1705649.58

Forgiveness Date

09/07/2021

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