# PPP loan: SPECTRATEK TECHNOLOGIES INC.
> **$360K** approved 03/06/2021 · Paid in Full · Loan `7424578504`
## Borrower
- **Name:** SPECTRATEK TECHNOLOGIES INC.
- **Address:** 9834 Jordan Cir, Santa Fe Springs, CA, 90670-3303
- **NAICS:** 326112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $360K
- **Jobs reported:** 25
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*