# PPP loan: SPECTRUM SERVICES INC
> **$278K** approved 04/10/2020 · Paid in Full · Loan `2247207105`
## Borrower
- **Name:** SPECTRUM SERVICES INC
- **Address:** 2621 CATTLEMEN RD STE 106, SARASOTA, FL, 34232-6212
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $265K (95%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 68
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*