# PPP loan: SPECTRUM APPAREL COMPANY INC.
> **$979K** approved 04/27/2020 · Paid in Full · Loan `5205707206`
## Borrower
- **Name:** SPECTRUM APPAREL COMPANY INC.
- **Address:** 463 Seventh Avenue 12th Floor, New York, NY, 10018
- **NAICS:** 315240
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $979K
- **Initial approval:** $979K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $979K
- **Jobs reported:** 139
## Lender
- **Originating:** Modern Bank, National Association
- **Servicing:** Modern Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*