PPP Loan information for Spectrum technologies inc.

$41,600

Spectrum technologies inc. was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 01/25/2021 by The Comerica Bank reported 2 jobs and $41,600 was used to fund payroll.

Spectrum technologies inc. is Existing or more than 2 years old

PPP Loan Search / MI / Redford / Spectrum technologies inc.

SPECTRUM TECHNOLOGIES INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPECTRUM TECHNOLOGIES INC.

Borrower Address

12245 Wormer

Borrower City

Redford

Borrower State

MI

Borrower Zip

48239-2424

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Redford

Project County Name

WAYNE

Project State

MI

Project Zip

48239-2424

CD

MI-12

Jobs Reported

2

NAICS Code

541330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41600.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41808.00

Forgiveness Date

07/27/2021

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