# PPP loan: SPECTRUM FOODS INC
> **$183K** approved 04/09/2020 · Paid in Full · Loan `1018467104`
## Borrower
- **Name:** SPECTRUM FOODS INC
- **Address:** 3520 S GRAND AVENUE, PO BOX 3483, SPRINGFIELD, IL, 62708
- **NAICS:** 311999
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Rent:** $46K
- **Jobs reported:** 14
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*