PPP Loan information for Spectrum technologies inc

$617,100

Spectrum technologies inc was initially approved for PPP Loan of amount $617,100, the current approved amount is $617,100. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 33 jobs and $617,100 was used to fund payroll.

Spectrum technologies inc is Existing or more than 2 years old

PPP Loan Search / IL / AURORA / Spectrum technologies inc

SPECTRUM TECHNOLOGIES INC

Date Approved

04/12/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SPECTRUM TECHNOLOGIES INC

Borrower Address

3600 THAYER CT

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60504-6182

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

617100.00

Current Approval Amount

617100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

DUPAGE

Project State

IL

Project Zip

60504-6182

CD

IL-11

Jobs Reported

33

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

617100.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

621779.67

Forgiveness Date

01/14/2021

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