PPP Loan information for Spectro coating corp

$789,000

Spectro coating corp was initially approved for PPP Loan of amount $789,000, the current approved amount is $789,000. The loan was approved on 04/28/2020 by The Bay State Savings Bank reported 57 jobs and $789,000 was used to fund payroll.

Spectro coating corp is Existing or more than 2 years old

PPP Loan Search / MA / LEOMINSTER / Spectro coating corp

SPECTRO COATING CORP

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SPECTRO COATING CORP

Borrower Address

101 Scott Drive

Borrower City

LEOMINSTER

Borrower State

MA

Borrower Zip

01453-3320

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

789000.00

Current Approval Amount

789000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEOMINSTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01453-3320

CD

MA-02

Jobs Reported

57

NAICS Code

313320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

789000.00

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

Sole Proprietorship

Originating Lender Location Id

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

794435.33

Forgiveness Date

01/12/2021

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