PPP Loan information for Spectrum electric, inc.

$56,800

Spectrum electric, inc. was initially approved for PPP Loan of amount $56,769, the current approved amount is $56,800. The loan was approved on 04/14/2020 by The Truist Bank reported 4 jobs and $56,800 was used to fund payroll.

Spectrum electric, inc. is Existing or more than 2 years old

PPP Loan Search / MD / EDGEWATER / Spectrum electric, inc.

SPECTRUM ELECTRIC, INC.

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SPECTRUM ELECTRIC, INC.

Borrower Address

3742 Ramsey Drive

Borrower City

EDGEWATER

Borrower State

MD

Borrower Zip

21037-4118

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56768.75

Current Approval Amount

56800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDGEWATER

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21037-4118

CD

MD-05

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57331.71

Forgiveness Date

04/14/2021

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