PPP Loan information for Spectrum electric inc

$77,091

Spectrum electric inc was initially approved for PPP Loan of amount $77,091, the current approved amount is $77,091. The loan was approved on 01/17/2021 by The Peoples Bank of East Tennessee reported 8 jobs and $77,091 was used to fund payroll.

Spectrum electric inc is Existing or more than 2 years old

PPP Loan Search / TN / Sweetwater / Spectrum electric inc

SPECTRUM ELECTRIC INC

Date Approved

01/17/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SPECTRUM ELECTRIC INC

Borrower Address

410 Sweetwater Vonore Rd

Borrower City

Sweetwater

Borrower State

TN

Borrower Zip

37874-3025

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77090.62

Current Approval Amount

77090.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122191

Servicing Lender Name

Peoples Bank of East Tennessee

Servicing Lender Address

4511 US Hwy 411

Servicing Lender City

MADISONVILLE

Servicing Lender State

TN

Servicing Lender Zip

37354-1573

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sweetwater

Project County Name

MONROE

Project State

TN

Project Zip

37874-3025

CD

TN-03

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

77084.62

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

122191

Originating Lender

Peoples Bank of East Tennessee

Originating Lender City

MADISONVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77797.28

Forgiveness Date

12/23/2021

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