# PPP loan: SPECTRUM SIGN SYSTEMS, INC.
> **$192K** approved 04/07/2020 · Paid in Full · Loan `7208767000`
## Borrower
- **Name:** SPECTRUM SIGN SYSTEMS, INC.
- **Address:** 8786 West 35W Service Drive, MINNEAPOLIS, MN, 55449
- **NAICS:** 339950
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $19K
- **Utilities:** $3K
- **Jobs reported:** 18
## Lender
- **Originating:** First Resource Bank
- **Servicing:** First Resource Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*