PPP Loan information for Spectrum foods, inc.

$1,370,300

Spectrum foods, inc. was initially approved for PPP Loan of amount $1,370,300, the current approved amount is $1,370,300. The loan was approved on 04/09/2020 by The Truist Bank reported 101 jobs and $1,370,300 was used to fund payroll.

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

PPP Loan Search / MD / HYATTSVILLE / Spectrum foods, inc.

SPECTRUM FOODS, INC.

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SPECTRUM FOODS, INC.

Borrower Address

3388 PENNSY DR

Borrower City

HYATTSVILLE

Borrower State

MD

Borrower Zip

20785-1642

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1370300.00

Current Approval Amount

1370300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HYATTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20785-1642

CD

MD-04

Jobs Reported

101

NAICS Code

424470

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1370300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1383393.98

Forgiveness Date

03/31/2021

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