# PPP loan: SPEKTRUM BRAKES, LLC
> **$1.41M** approved 04/15/2020 · Paid in Full · Loan `1386577204`
## Borrower
- **Name:** SPEKTRUM BRAKES, LLC
- **Address:** 13140 MIDWAY PLACE, CERRITOS, CA, 90703-2233
- **NAICS:** 336340
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Jobs reported:** 144
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*