PPP Loan information for Spectrum assembly inc

$1,251,305

Spectrum assembly inc was initially approved for PPP Loan of amount $1,251,305, the current approved amount is $1,251,305. The loan was approved on 02/14/2021 by The City National Bank reported 156 jobs and $1,251,305 was used to fund payroll.

Spectrum assembly inc is Existing or more than 2 years old

SPECTRUM ASSEMBLY INC

Date Approved

02/14/2021

SBA Office Code

0954

Processing Method

PPS

Borrower Name

SPECTRUM ASSEMBLY INC

Borrower Address

6300 Yarrow Dr Ste 100

Borrower City

Carlsbad

Borrower State

CA

Borrower Zip

92011-1542

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1251305.00

Current Approval Amount

1251305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

SAN DIEGO

Project State

CA

Project Zip

92011-1542

CD

CA-49

Jobs Reported

156

NAICS Code

334111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1251300.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1264229.44

Forgiveness Date

03/01/2022

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