PPP Loan information for Sollmann electric company

$688,200

Sollmann electric company was initially approved for PPP Loan of amount $688,200, the current approved amount is $688,200. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 42 jobs and $688,200 was used to fund payroll.

Sollmann electric company is Existing or more than 2 years old

SOLLMANN ELECTRIC COMPANY

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

SOLLMANN ELECTRIC COMPANY

Borrower Address

310 E Russell Rd

Borrower City

SIDNEY

Borrower State

OH

Borrower Zip

45365

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

688200.00

Current Approval Amount

688200.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIDNEY

Project County Name

SHELBY

Project State

OH

Project Zip

45365-0001

CD

OH-15

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

688200.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

607436.43

Forgiveness Date

11/12/2020

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