# PPP loan: SPECTRUM CONSTRUCTION SERVICES, INC
> **$285K** approved 04/06/2020 · Paid in Full · Loan `5626097004`
## Borrower
- **Name:** SPECTRUM CONSTRUCTION SERVICES, INC
- **Address:** 17195 Silver Pkwy, Ste 331, FENTON, MI, 48430-3426
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 18
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*