PPP Loan information for Spectrum sound inc

$600,880

Spectrum sound inc was initially approved for PPP Loan of amount $600,880, the current approved amount is $600,880. The loan was approved on 01/28/2021 by The Pinnacle Bank reported 31 jobs and $600,880 was used to fund payroll.

Spectrum sound inc is Existing or more than 2 years old

SPECTRUM SOUND INC

Date Approved

01/28/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SPECTRUM SOUND INC

Borrower Address

1040 Acorn Dr Ste C

Borrower City

Nashville

Borrower State

TN

Borrower Zip

37210-3808

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

600880.00

Current Approval Amount

600880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Nashville

Project County Name

DAVIDSON

Project State

TN

Project Zip

37210-3808

CD

TN-05

Jobs Reported

31

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

600876.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

605259.02

Forgiveness Date

10/25/2021

;