# PPP loan: SPECTRAL DYNAMICS INC.
> **$913K** approved 04/09/2020 · Paid in Full · Loan `9176557000`
## Borrower
- **Name:** SPECTRAL DYNAMICS INC.
- **Address:** 32234 PASEO ADELANTO Suite G, SAN JUAN CAPISTRANO, CA, 92675-3622
- **NAICS:** 334519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $913K
- **Initial approval:** $913K
- **Forgiven:** $921K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $776K
- **Rent:** $70K
- **Utilities:** $11K
- **Health care:** $46K
- **Debt interest:** $10K
- **Jobs reported:** 53
## Lender
- **Originating:** Infinity Bank
- **Servicing:** Infinity Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*