Spectro Alloys Corporation

$2,000,000 PPP Loan in Rosemount, Minnesota

Loan Details

Loan Number
3220978408
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,016,877
Forgiveness Date
Dec 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Spectro Alloys Corporation
Address
13220 Doyle Path E
ZIP Code
55068-2510
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331314)
Business Age
Existing or more than 2 years old
Jobs Reported
138
Estimated Revenue
$36.1M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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