# PPP loan: SPECTRUM SCIENTIFIC INC
> **$328K** approved 04/30/2020 · Paid in Full · Loan `4748277308`
## Borrower
- **Name:** SPECTRUM SCIENTIFIC INC
- **Address:** 16692 HALE AVE STE A, IRVINE, CA, 92606-5052
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 20
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*