# PPP loan: SPECTRUM INDUSTRIAL COATINGS INC
> **$248K** approved 02/04/2021 · Paid in Full · Loan `2907188409`
## Borrower
- **Name:** SPECTRUM INDUSTRIAL COATINGS INC
- **Address:** 9226 Mountain Brook Rd, Saint Thomas, PA, 17252-9778
- **NAICS:** 332812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 06/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 17
## Lender
- **Originating:** ACNB Bank
- **Servicing:** ACNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*