# PPP loan: MICROSPEC CORPORATION
> **$1.27M** approved 04/11/2020 · Paid in Full · Loan `2965147105`
## Borrower
- **Name:** MICROSPEC CORPORATION
- **Address:** 327 JAFFREY RD, PETERBOROUGH, NH, 03458-1729
- **NAICS:** 339112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 88
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*