# PPP loan: SPECRTALUX CORPORATION
> **$875K** approved 02/03/2021 · Paid in Full · Loan `2121518410`
## Borrower
- **Name:** SPECRTALUX CORPORATION
- **Address:** 12335 134th Ct NE, Redmond, WA, 98052-2433
- **NAICS:** 334511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $875K
- **Initial approval:** $875K
- **Forgiven:** $882K (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $875K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*