PPP Loan information for Spectrum properties management company

$1,725,435

Spectrum properties management company was initially approved for PPP Loan of amount $1,725,435, the current approved amount is $1,725,435. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 101 jobs and $1,725,435 was used to fund payroll.

Spectrum properties management company is New Business or 2 years or less

SPECTRUM PROPERTIES MANAGEMENT COMPANY

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SPECTRUM PROPERTIES MANAGEMENT COMPANY

Borrower Address

201 S Tryon St Ste 550

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28202

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1725435.00

Current Approval Amount

1725435.00

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

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28202-0001

CD

NC-14

Jobs Reported

101

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1725435.00

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

1742122.08

Forgiveness Date

04/23/2021

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