Spectronics Corporation

$2,000,000 PPP Loan in Westbury, New York

Loan Details

Loan Number
1222738400
Date Approved
Feb 1, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,028,000
Forgiveness Date
Jun 29, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Spectronics Corporation
Address
956 Brush Hollow Rd
ZIP Code
11590-1731
Business Type
Corporation
Industry (NAICS)
Manufacturing (335110)
Business Age
Existing or more than 2 years old
Jobs Reported
141
Estimated Revenue
$36.9M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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