PPP Loan information for The spectrum school

$93,000

The spectrum school was initially approved for PPP Loan of amount $93,000, the current approved amount is $93,000. The loan was approved on 04/08/2020 by The Blackhawk Bank reported 17 jobs and $93,000 was used to fund payroll.

The spectrum school is Existing or more than 2 years old

THE SPECTRUM SCHOOL

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE SPECTRUM SCHOOL

Borrower Address

4848 TURNER ST

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61107-5029

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93000.00

Current Approval Amount

93000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61107-5029

CD

IL-17

Jobs Reported

17

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

93870.58

Forgiveness Date

03/22/2021

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