# PPP loan: SPECTRAL DYNAMICS INC.
> **$1.01M** approved 01/21/2021 · Paid in Full · Loan `3243958307`
## Borrower
- **Name:** SPECTRAL DYNAMICS INC.
- **Address:** 32234 Paseo Adelanto Ste G, San Juan Capistrano, CA, 92675-3622
- **NAICS:** 334519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.01M (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.01M
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Infinity Bank
- **Servicing:** Infinity Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*