PPP Loan information for Spectrum medical, inc.

$1,029,800

Spectrum medical, inc. was initially approved for PPP Loan of amount $1,029,800, the current approved amount is $1,029,800. The loan was approved on 04/08/2020 by The First-Citizens Bank & Trust Company reported 100 jobs and $1,029,800 was used to fund payroll.

Spectrum medical, inc. is New Business or 2 years or less

SPECTRUM MEDICAL, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SPECTRUM MEDICAL, INC.

Borrower Address

109 Bridge St Suite 300

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24541-1222

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1029800.00

Current Approval Amount

1029800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-1222

CD

VA-05

Jobs Reported

100

NAICS Code

621112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1029800.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1035549.72

Forgiveness Date

11/03/2020

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