PPP Loan information for Solex payroll systems, inc.

$291,315

Solex payroll systems, inc. was initially approved for PPP Loan of amount $291,315, the current approved amount is $291,315. The loan was approved on 04/06/2020 by The Cambridge Trust Company reported 20 jobs and $291,315 was used to fund payroll.

Solex payroll systems, inc. is Existing or more than 2 years old

PPP Loan Search / MA / STOUGHTON / Solex payroll systems, inc.

SOLEX PAYROLL SYSTEMS, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOLEX PAYROLL SYSTEMS, INC.

Borrower Address

907 PARK ST

Borrower City

STOUGHTON

Borrower State

MA

Borrower Zip

02072-3646

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

291315.00

Current Approval Amount

291315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STOUGHTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02072-3646

CD

MA-08

Jobs Reported

20

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

291315.00

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

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

283276.39

Forgiveness Date

12/28/2020

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