# PPP loan: SPECTRUM ENGINEERING CORPORATION
> **$366K** approved 04/06/2020 · Paid in Full · Loan `6039867010`
## Borrower
- **Name:** SPECTRUM ENGINEERING CORPORATION
- **Address:** 5524 N. County LIne Road E, AUBURN, IN, 46706-9302
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $366K
- **Jobs reported:** 28
## Lender
- **Originating:** The Farmers & Merchants State Bank
- **Servicing:** The Farmers & Merchants State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*