# PPP loan: SPECTRUM LASER AND TECHNOLOGIES INC.
> **$414K** approved 01/28/2021 · Paid in Full · Loan `7358858310`
## Borrower
- **Name:** SPECTRUM LASER AND TECHNOLOGIES INC.
- **Address:** 3855 Interpark Dr, Colorado Springs, CO, 80907-5056
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $414K
- **Jobs reported:** 39
## Lender
- **Originating:** Adams Bank & Trust
- **Servicing:** Adams Bank & Trust (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*