# PPP loan: SPECTRA PAINTING CO LP
> **$977K** approved 04/09/2020 · Paid in Full · Loan `8872617004`
## Borrower
- **Name:** SPECTRA PAINTING CO LP
- **Address:** 13573 ST. CHARLES ROAD ROAD, BRIDGETON, MO, 63044
- **NAICS:** 238320
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $977K
- **Initial approval:** $977K
- **Forgiven:** $986K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $733K
- **Rent:** $244K
- **Jobs reported:** 49
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*