PPP Loan information for Spectrum industries incorporated

$2,000,000

Spectrum industries incorporated was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/30/2021 by The Security Financial Bank reported 164 jobs and $2,000,000 was used to fund payroll.

Spectrum industries incorporated is Existing or more than 2 years old

PPP Loan Search / WI / Chippewa Falls / Spectrum industries incorporated

SPECTRUM INDUSTRIES INCORPORATED

Date Approved

03/30/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

SPECTRUM INDUSTRIES INCORPORATED

Borrower Address

925 1st Ave

Borrower City

Chippewa Falls

Borrower State

WI

Borrower Zip

54729-0018

Loan Status Date

09/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75761

Servicing Lender Name

Security Financial Bank

Servicing Lender Address

212 W Prospect St

Servicing Lender City

DURAND

Servicing Lender State

WI

Servicing Lender Zip

54736-1123

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chippewa Falls

Project County Name

CHIPPEWA

Project State

WI

Project Zip

54729-0018

CD

WI-03

Jobs Reported

164

NAICS Code

337127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

75761

Originating Lender

Security Financial Bank

Originating Lender City

DURAND

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2027555.56

Forgiveness Date

08/16/2022

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