PPP Loan information for Spectrum metals inc

$144,001

Spectrum metals inc was initially approved for PPP Loan of amount $144,001, the current approved amount is $144,001. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $144,001 was used to fund payroll.

Spectrum metals inc is New Business or 2 years or less

PPP Loan Search / MI / Clinton Township / Spectrum metals inc

SPECTRUM METALS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPECTRUM METALS INC

Borrower Address

39200 S Groesbeck Hwy

Borrower City

Clinton Township

Borrower State

MI

Borrower Zip

48036

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144001.00

Current Approval Amount

144001.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Clinton Township

Project County Name

MACOMB

Project State

MI

Project Zip

48036-0899

CD

MI-10

Jobs Reported

8

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

144001.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145243.75

Forgiveness Date

03/17/2021

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