PPP Loan information for Solomon engineering, inc.

$195,000

Solomon engineering, inc. was initially approved for PPP Loan of amount $195,000, the current approved amount is $195,000. The loan was approved on 04/09/2020 by The Peoples Bank reported 19 jobs and $195,000 was used to fund payroll.

Solomon engineering, inc. is Existing or more than 2 years old

SOLOMON ENGINEERING, INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOLOMON ENGINEERING, INC.

Borrower Address

340 9th ST SE

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-2711

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

195000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-2711

CD

NC-10

Jobs Reported

19

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195000.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

196668.33

Forgiveness Date

02/25/2021

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