PPP Loan information for Spectrum technologies inc

$197,200

Spectrum technologies inc was initially approved for PPP Loan of amount $197,200, the current approved amount is $197,200. The loan was approved on 04/09/2020 by The Truist Bank reported 27 jobs and $197,200 was used to fund payroll.

Spectrum technologies inc is Existing or more than 2 years old

PPP Loan Search / MD / BALTIMORE / Spectrum technologies inc

SPECTRUM TECHNOLOGIES INC

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SPECTRUM TECHNOLOGIES INC

Borrower Address

2338 Sweet Meadow Rd

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21209-3866

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197200.00

Current Approval Amount

197200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21209-3866

CD

MD-02

Jobs Reported

27

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199166.52

Forgiveness Date

04/15/2021

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