PPP Loan information for Spectrum transformation group, llc

$424,900

Spectrum transformation group, llc was initially approved for PPP Loan of amount $424,900, the current approved amount is $424,900. The loan was approved on 04/08/2020 by The Truist Bank reported 42 jobs and $424,900 was used to fund payroll.

Spectrum transformation group, llc is Existing or more than 2 years old

SPECTRUM TRANSFORMATION GROUP, LLC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SPECTRUM TRANSFORMATION GROUP, LLC

Borrower Address

221 STONEBRIDGE PLAZA AVE

Borrower City

NORTH CHESTERFIELD

Borrower State

VA

Borrower Zip

23225-6972

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424900.00

Current Approval Amount

424900.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHESTERFIELD

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23225-6972

CD

VA-04

Jobs Reported

42

NAICS Code

621111

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

424900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

428877.54

Forgiveness Date

03/31/2021

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