# PPP loan: SPECTRUM GROUP INTERNATIONAL, INC.
> **$1.03M** approved 04/27/2020 · Paid in Full · Loan `5142527202`
## Borrower
- **Name:** SPECTRUM GROUP INTERNATIONAL, INC.
- **Address:** 1231 East Dyer Road Suite 100, Santa Ana, CA, 92705-5643
- **NAICS:** 423940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $865K
- **Rent:** $144K
- **Utilities:** $17K
- **Jobs reported:** 69
## Lender
- **Originating:** OneWest Bank, A Division of First-Citizens Bank and 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*