# PPP loan: SPECTRUM ORTHOTICS & PROSTHETICS INC.
> **$562K** approved 01/25/2021 · Paid in Full · Loan `5695738300`
## Borrower
- **Name:** SPECTRUM ORTHOTICS & PROSTHETICS INC.
- **Address:** 1180 Crater Lake Ave Ste M, Medford, OR, 97504-6242
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $562K
- **Utilities:** $1
- **Jobs reported:** 53
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*