# PPP loan: SPECTRUM METAL FINISHING, INC.
> **$527K** approved 04/05/2020 · Paid in Full · Loan `5140627008`
## Borrower
- **Name:** SPECTRUM METAL FINISHING, INC.
- **Address:** 535 BEV RD, YOUNGSTOWN, OH, 44512-6419
- **NAICS:** 332812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $527K
- **Initial approval:** $527K
- **Forgiven:** $530K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Utilities:** $132K
- **Jobs reported:** 66
## Lender
- **Originating:** Enterprise Bank
- **Servicing:** Enterprise Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*