PPP Loan information for Spectrum technologies inc.

$263,305

Spectrum technologies inc. was initially approved for PPP Loan of amount $263,305, the current approved amount is $263,305. The loan was approved on 03/12/2021 by The Truist Bank reported 26 jobs and $263,305 was used to fund payroll.

Spectrum technologies inc. is Existing or more than 2 years old

SPECTRUM TECHNOLOGIES INC.

Date Approved

03/12/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SPECTRUM TECHNOLOGIES INC.

Borrower Address

2338 Sweet Meadow Rd

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21209-3866

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263305.00

Current Approval Amount

263305.00

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

Project State

MD

Project Zip

21209-3866

CD

MD-02

Jobs Reported

26

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

263305.00

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

264701.98

Forgiveness Date

09/24/2021

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