# PPP loan: SPECTRUM MEDICAL XRAY CO
> **$350K** approved 02/06/2021 · Paid in Full · Loan `4227768401`
## Borrower
- **Name:** SPECTRUM MEDICAL XRAY CO
- **Address:** 1721 Stewart St, Santa Monica, CA, 90404-4021
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 07/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*