PPP Loan information for Spectra med inc

$84,940

Spectra med inc was initially approved for PPP Loan of amount $84,940, the current approved amount is $84,940. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 10 jobs and $84,940 was used to fund payroll.

Spectra med inc is New Business or 2 years or less

SPECTRA MED INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPECTRA MED INC

Borrower Address

3160 HAGGERTY RD STE H

Borrower City

WEST BLOOMFIELD

Borrower State

MI

Borrower Zip

48323

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84940.00

Current Approval Amount

84940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WEST BLOOMFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48323-0899

CD

MI-11

Jobs Reported

10

NAICS Code

423450

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84940.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86140.96

Forgiveness Date

10/06/2021

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