# PPP loan: SPECTROTEL INC
> **$2.31M** approved 05/03/2020 · Paid in Full · Loan `6107197710`
## Borrower
- **Name:** SPECTROTEL INC
- **Address:** 3535 ROUTE 66 STE 7, NEPTUNE, NJ, 07753-2625
- **NAICS:** 517911
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.31M
- **Initial approval:** $2.31M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.31M
- **Jobs reported:** 153
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*