# PPP loan: SPECTEX, INC
> **$1.05M** approved 04/08/2020 · Paid in Full · Loan `8419997004`
## Borrower
- **Name:** SPECTEX, INC
- **Address:** 1333 30TH ST Suite A, SAN DIEGO, CA, 92154-3404
- **NAICS:** 812331
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $797K
- **Rent:** $68K
- **Utilities:** $165K
- **Health care:** $20K
- **Jobs reported:** 161
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*