PPP Loan information for Spectrum management, llc

$1,634,842

Spectrum management, llc was initially approved for PPP Loan of amount $1,634,842, the current approved amount is $1,634,842. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 108 jobs and $1,634,842 was used to fund payroll.

Spectrum management, llc is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / Spectrum management, llc

SPECTRUM MANAGEMENT, LLC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SPECTRUM MANAGEMENT, LLC

Borrower Address

1229 Pennsylvania Ave SE

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20003

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1634842.00

Current Approval Amount

1634842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20003-0001

CD

DC-

Jobs Reported

108

NAICS Code

561210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1634842.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1648906.12

Forgiveness Date

03/05/2021

;