PPP Loan information for Spectrum engineering corporation

$365,600

Spectrum engineering corporation was initially approved for PPP Loan of amount $365,600, the current approved amount is $365,600. The loan was approved on 04/06/2020 by The The Farmers & Merchants State Bank reported 28 jobs and $365,600 was used to fund payroll.

Spectrum engineering corporation is Existing or more than 2 years old

PPP Loan Search / IN / AUBURN / Spectrum engineering corporation

SPECTRUM ENGINEERING CORPORATION

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SPECTRUM ENGINEERING CORPORATION

Borrower Address

5524 N. County LIne Road E

Borrower City

AUBURN

Borrower State

IN

Borrower Zip

46706-9302

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365600.00

Current Approval Amount

365600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

DE KALB

Project State

IN

Project Zip

46706-9302

CD

IN-03

Jobs Reported

28

NAICS Code

541330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

365600.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

369025.62

Forgiveness Date

03/24/2021

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