PPP Loan information for Spectrum insurance agency, inc

$138,000

Spectrum insurance agency, inc was initially approved for PPP Loan of amount $138,000, the current approved amount is $138,000. The loan was approved on 04/15/2020 by The Blackhawk Bank reported 13 jobs and $138,000 was used to fund payroll.

Spectrum insurance agency, inc is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Spectrum insurance agency, inc

SPECTRUM INSURANCE AGENCY, INC

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SPECTRUM INSURANCE AGENCY, INC

Borrower Address

5301 E State Street Suite #201

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61108-2392

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138000.00

Current Approval Amount

138000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61108-2392

CD

IL-17

Jobs Reported

13

NAICS Code

524113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

731.00

Payroll Proceed

132882.00

Mortgage Interest Proceed

0.00

Rent Proceed

4387.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

139253.50

Forgiveness Date

03/18/2021

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