# PPP loan: SPECTRUM PAINTING & PAPERHANGING LLC
> **$226K** approved 04/12/2020 · Paid in Full · Loan `3708977100`
## Borrower
- **Name:** SPECTRUM PAINTING & PAPERHANGING LLC
- **Address:** 116 Cannonball Road, POMPTON LAKES, NJ, 07442
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $16K
- **Utilities:** $6K
- **Health care:** $2K
- **Debt interest:** $2K
- **Jobs reported:** 22
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*