Spectrum Distribution, Inc.

$173,400 PPP Loan in Landover, Maryland

Loan Details

Loan Number
8912427110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$173,400
Current Approval
$173,400
Forgiveness Amount
$174,996
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spectrum Distribution, Inc.
Address
3346 Hubbard Road
ZIP Code
20785
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (493110)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$155,377
Utilities
$14,000
Health Care
$4,023

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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