PPP Loan information for Spectrum metal finishing, inc.

$526,500

Spectrum metal finishing, inc. was initially approved for PPP Loan of amount $526,500, the current approved amount is $526,500. The loan was approved on 04/05/2020 by The Enterprise Bank reported 66 jobs and $526,500 was used to fund payroll.

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

PPP Loan Search / OH / YOUNGSTOWN / Spectrum metal finishing, inc.

SPECTRUM METAL FINISHING, INC.

Date Approved

04/05/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SPECTRUM METAL FINISHING, INC.

Borrower Address

535 BEV RD

Borrower City

YOUNGSTOWN

Borrower State

OH

Borrower Zip

44512-6419

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

526500.00

Current Approval Amount

526500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122687

Servicing Lender Name

Enterprise Bank

Servicing Lender Address

4091 Mount Royal Blvd

Servicing Lender City

ALLISON PARK

Servicing Lender State

PA

Servicing Lender Zip

15101-2917

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YOUNGSTOWN

Project County Name

MAHONING

Project State

OH

Project Zip

44512-6419

CD

OH-06

Jobs Reported

66

NAICS Code

332812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

131625.00

Payroll Proceed

394875.00

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

122687

Originating Lender

Enterprise Bank

Originating Lender City

ALLISON PARK

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

519471.64

Forgiveness Date

11/09/2020

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