PPP Loan information for Spectrum solutions, inc.

$1,366,000

Spectrum solutions, inc. was initially approved for PPP Loan of amount $1,366,000, the current approved amount is $1,366,000. The loan was approved on 04/08/2020 by The ServisFirst Bank reported 106 jobs and $1,366,000 was used to fund payroll.

Spectrum solutions, inc. is Existing or more than 2 years old

PPP Loan Search / AL / MADISON / Spectrum solutions, inc.

SPECTRUM SOLUTIONS, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SPECTRUM SOLUTIONS, INC.

Borrower Address

114 CASTLE DR

Borrower City

MADISON

Borrower State

AL

Borrower Zip

35758-8674

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1366000.00

Current Approval Amount

1366000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

AL

Project Zip

35758-8674

CD

AL-05

Jobs Reported

106

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10800.00

Payroll Proceed

1325200.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1378331.94

Forgiveness Date

03/05/2021

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