# PPP loan: SPECTRUM MANAGEMENT SERVICES COMPANY LLC
> **$3.03M** approved 04/07/2020 · Paid in Full · Loan `7409867002`
## Borrower
- **Name:** SPECTRUM MANAGEMENT SERVICES COMPANY LLC
- **Address:** 324 Gannett Drive Suite 200, SOUTH PORTLAND, ME, 04106-3263
- **NAICS:** 551114
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $3.03M
- **Initial approval:** $3.03M
- **Forgiven:** $3.07M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.00M
- **Rent:** $24K
- **Utilities:** $12K
- **Jobs reported:** 218
## Lender
- **Originating:** Maine Community Bank
- **Servicing:** Maine Community Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*