PPP Loan information for Solar optimum, inc.

$942,300

Solar optimum, inc. was initially approved for PPP Loan of amount $942,300, the current approved amount is $942,300. The loan was approved on 03/13/2021 by The U.S. Bank, National Association reported 69 jobs and $942,300 was used to fund payroll.

Solar optimum, inc. is Existing or more than 2 years old

SOLAR OPTIMUM, INC.

Date Approved

03/13/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

SOLAR OPTIMUM, INC.

Borrower Address

614 W Colorado St

Borrower City

Glendale

Borrower State

CA

Borrower Zip

91204-1104

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

942300.00

Current Approval Amount

942300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Glendale

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91204-1104

CD

CA-30

Jobs Reported

69

NAICS Code

221114

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

942295.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

950178.67

Forgiveness Date

01/13/2022

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