PPP Loan information for Spectrum therapy center inc

$465,965

Spectrum therapy center inc was initially approved for PPP Loan of amount $465,965, the current approved amount is $465,965. The loan was approved on 02/17/2021 by The First Merchants Bank reported 55 jobs and $465,965 was used to fund payroll.

Spectrum therapy center inc is Existing or more than 2 years old

SPECTRUM THERAPY CENTER INC

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPECTRUM THERAPY CENTER INC

Borrower Address

180 Jackson Plz

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48103-1959

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

465965.00

Current Approval Amount

465965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-1959

CD

MI-06

Jobs Reported

55

NAICS Code

621111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

465961.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

468441.64

Forgiveness Date

09/01/2021

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