PPP Loan information for Spectrum medical inc

$117,695

Spectrum medical inc was initially approved for PPP Loan of amount $117,695, the current approved amount is $117,695. The loan was approved on 02/06/2021 by The Loan Source Incorporated reported 10 jobs and $117,695 was used to fund payroll.

Spectrum medical inc is Existing or more than 2 years old

SPECTRUM MEDICAL INC

Date Approved

02/06/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SPECTRUM MEDICAL INC

Borrower Address

8820 Brookville Rd

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910-1803

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117695.00

Current Approval Amount

117695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-1803

CD

MD-08

Jobs Reported

10

NAICS Code

621511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

117691.00

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

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119252.44

Forgiveness Date

06/08/2022

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