# PPP loan: ENERGY SPECTRUM, INC.
> **$244K** approved 05/01/2020 · Paid in Full · Loan `8748447309`
## Borrower
- **Name:** ENERGY SPECTRUM, INC.
- **Address:** 1114 Avenue J 3rd Floor, Brooklyn, NY, 11230
- **NAICS:** 541690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $248K (102%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 12
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*