# PPP loan: SPECTRUM METALS, INC.
> **$270K** approved 04/27/2020 · Paid in Full · Loan `5081267202`
## Borrower
- **Name:** SPECTRUM METALS, INC.
- **Address:** 1900 Stout Drive, Warminster, PA, 18974
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 18
## Lender
- **Originating:** Bryn Mawr Trust. A Division of
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*