PPP Loan information for Spectrum paper company, inc.

$317,000

Spectrum paper company, inc. was initially approved for PPP Loan of amount $317,000, the current approved amount is $317,000. The loan was approved on 04/15/2020 by The First American Bank reported 33 jobs and $317,000 was used to fund payroll.

Spectrum paper company, inc. is Existing or more than 2 years old

PPP Loan Search / TX / EL PASO / Spectrum paper company, inc.

SPECTRUM PAPER COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0677

Processing Method

PPP

Borrower Name

SPECTRUM PAPER COMPANY, INC.

Borrower Address

27 CONCORD ST

Borrower City

EL PASO

Borrower State

TX

Borrower Zip

79906-4915

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317000.00

Current Approval Amount

317000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EL PASO

Project County Name

EL PASO

Project State

TX

Project Zip

79906-4915

CD

TX-16

Jobs Reported

33

NAICS Code

424120

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

317000.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

319703.31

Forgiveness Date

02/25/2021

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