PPP Loan information for Spectrum financial services

$1,737,917

Spectrum financial services was initially approved for PPP Loan of amount $1,737,917, the current approved amount is $1,737,917. The loan was approved on 04/15/2020 by The Trustar Bank reported 120 jobs and $1,737,917 was used to fund payroll.

Spectrum financial services is Existing or more than 2 years old

SPECTRUM FINANCIAL SERVICES

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SPECTRUM FINANCIAL SERVICES

Borrower Address

1921 GALLOWS RD suite 310

Borrower City

VIENNA

Borrower State

VA

Borrower Zip

22182-3991

Loan Status Date

11/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1737917.00

Current Approval Amount

1737917.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526135

Servicing Lender Name

Trustar Bank

Servicing Lender Address

774-A Walker Rd

Servicing Lender City

GREAT FALLS

Servicing Lender State

VA

Servicing Lender Zip

22066-2648

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIENNA

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-3991

CD

VA-11

Jobs Reported

120

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1737917.00

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

526135

Originating Lender

Trustar Bank

Originating Lender City

GREAT FALLS

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1524246.75

Forgiveness Date

11/19/2021

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