PPP Loan information for Soletech, inc.

$185,000

Soletech, inc. was initially approved for PPP Loan of amount $185,000, the current approved amount is $185,000. The loan was approved on 04/28/2020 by The Claremont Savings Bank reported 16 jobs and $185,000 was used to fund payroll.

Soletech, inc. is Existing or more than 2 years old

SOLETECH, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOLETECH, INC.

Borrower Address

369 NAHANT RD

Borrower City

NAHANT

Borrower State

MA

Borrower Zip

01908-1611

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185000.00

Current Approval Amount

185000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42851

Servicing Lender Name

Claremont Savings Bank

Servicing Lender Address

145 Broad St

Servicing Lender City

CLAREMONT

Servicing Lender State

NH

Servicing Lender Zip

03743-3618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAHANT

Project County Name

ESSEX

Project State

MA

Project Zip

01908-1611

CD

MA-06

Jobs Reported

16

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

175000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42851

Originating Lender

Claremont Savings Bank

Originating Lender City

CLAREMONT

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186495.21

Forgiveness Date

02/25/2021

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