PPP Loan information for Spectrum industries

$117,557

Spectrum industries was initially approved for PPP Loan of amount $108,407, the current approved amount is $117,557. The loan was approved on 04/28/2020 by The Decorah Bank & Trust Company reported 19 jobs and $117,557 was used to fund payroll.

Spectrum industries is Existing or more than 2 years old

PPP Loan Search / IA / DECORAH / Spectrum industries

SPECTRUM INDUSTRIES

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SPECTRUM INDUSTRIES

Borrower Address

607 WASHINGTON ST

Borrower City

DECORAH

Borrower State

IA

Borrower Zip

52101-2265

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108407.00

Current Approval Amount

117557.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24832

Servicing Lender Name

Decorah Bank & Trust Company

Servicing Lender Address

202 E Water St

Servicing Lender City

DECORAH

Servicing Lender State

IA

Servicing Lender Zip

52101-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECORAH

Project County Name

WINNESHIEK

Project State

IA

Project Zip

52101-2265

CD

IA-02

Jobs Reported

19

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117557.00

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

Professional Association

Originating Lender Location Id

24832

Originating Lender

Decorah Bank & Trust Company

Originating Lender City

DECORAH

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118278.45

Forgiveness Date

12/17/2020

;