# PPP loan: SPECTRUM INDUSTRIAL COATINGS, INC.
> **$248K** approved 04/13/2020 · Paid in Full · Loan `5628257106`
## Borrower
- **Name:** SPECTRUM INDUSTRIAL COATINGS, INC.
- **Address:** 9226 Mountain Brook Rd., SAINT THOMAS, PA, 17252-9778
- **NAICS:** 332812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 17
## Lender
- **Originating:** ACNB Bank
- **Servicing:** ACNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*