# PPP loan: SPECTRUM SERVICES GROUP INC.
> **$556K** approved 02/05/2021 · Paid in Full · Loan `3705678410`
## Borrower
- **Name:** SPECTRUM SERVICES GROUP INC.
- **Address:** 3841 N Freeway Blvd Ste 120, Sacramento, CA, 95834-1968
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $556K
- **Initial approval:** $556K
- **Forgiven:** $560K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $556K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*