PPP Loan information for Solect energy development llc

$1,313,145

Solect energy development llc was initially approved for PPP Loan of amount $1,313,145, the current approved amount is $1,313,145. The loan was approved on 01/30/2021 by The MutualOne Bank reported 60 jobs and $1,313,145 was used to fund payroll.

Solect energy development llc is Existing or more than 2 years old

PPP Loan Search / MA / Hopkinton / Solect energy development llc

SOLECT ENERGY DEVELOPMENT LLC

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SOLECT ENERGY DEVELOPMENT LLC

Borrower Address

89 Hayden Rowe St

Borrower City

Hopkinton

Borrower State

MA

Borrower Zip

01748-2507

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1313145.00

Current Approval Amount

1313145.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84345

Servicing Lender Name

MutualOne Bank

Servicing Lender Address

828 Concord St

Servicing Lender City

FRAMINGHAM

Servicing Lender State

MA

Servicing Lender Zip

01701-4695

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hopkinton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01748-2507

CD

MA-02

Jobs Reported

60

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1313143.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

84345

Originating Lender

MutualOne Bank

Originating Lender City

FRAMINGHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1322642.82

Forgiveness Date

10/27/2021

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