PPP Loan information for Spectrum inc., general contracting

$860,000

Spectrum inc., general contracting was initially approved for PPP Loan of amount $860,000, the current approved amount is $860,000. The loan was approved on 01/20/2021 by The MainStreet Bank reported 34 jobs and $860,000 was used to fund payroll.

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

SPECTRUM INC., GENERAL CONTRACTING

Date Approved

01/20/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SPECTRUM INC., GENERAL CONTRACTING

Borrower Address

8200 Greensboro Dr

Borrower City

McLean

Borrower State

VA

Borrower Zip

22102-3892

Loan Status Date

06/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

860000.00

Current Approval Amount

860000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378264

Servicing Lender Name

MainStreet Bank

Servicing Lender Address

10089 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-1742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McLean

Project County Name

FAIRFAX

Project State

VA

Project Zip

22102-3892

CD

VA-11

Jobs Reported

34

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

859995.00

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

378264

Originating Lender

MainStreet Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

871356.71

Forgiveness Date

05/26/2022

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