Spectrum Financial Group, Inc.

$50,800 PPP Loan in Eden Prairie, Minnesota

Loan Details

Loan Number
7924967002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$50,800
Current Approval
$50,800
Forgiveness Amount
$51,364
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spectrum Financial Group, Inc.
Address
300 Prairie Center Dr Suite 210
ZIP Code
55344-5319
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (523930)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$39,194
Rent
$8,942
Utilities
$432
Health Care
$2,232

Lender Information

Servicing Lender
Security Bank & Trust Company
Originating Lender
Security Bank and Trust Company

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