# PPP loan: SPECTRA-TECH MANUFACTURING, INC
> **$840K** approved 04/14/2020 · Paid in Full · Loan `7586377107`
## Borrower
- **Name:** SPECTRA-TECH MANUFACTURING, INC
- **Address:** 4013 BORMAN DRIVE, BATVIA, OH, 45103
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $840K
- **Initial approval:** $840K
- **Forgiven:** $850K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $840K
- **Jobs reported:** 88
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*