PPP Loan information for Spectrum mechanical inc

$567,030

Spectrum mechanical inc was initially approved for PPP Loan of amount $567,030, the current approved amount is $567,030. The loan was approved on 04/01/2021 by The Farmers & Merchants Bank of Long Beach reported 31 jobs and $567,030 was used to fund payroll.

Spectrum mechanical inc is Existing or more than 2 years old

SPECTRUM MECHANICAL INC

Date Approved

04/01/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

SPECTRUM MECHANICAL INC

Borrower Address

9760 Research Dr Unit Dd

Borrower City

Irvine

Borrower State

CA

Borrower Zip

92618-4327

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

567030.00

Current Approval Amount

567030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Irvine

Project County Name

ORANGE

Project State

CA

Project Zip

92618-4327

CD

CA-47

Jobs Reported

31

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

567026.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

572311.92

Forgiveness Date

03/16/2022

;