PPP Loan information for Solrac corporation

$938,612

Solrac corporation was initially approved for PPP Loan of amount $938,612, the current approved amount is $938,612. The loan was approved on 02/04/2021 by The FirstLight FCU reported 160 jobs and $938,612 was used to fund payroll.

Solrac corporation is Existing or more than 2 years old

PPP Loan Search / TX / El Paso / Solrac corporation

SOLRAC CORPORATION

Date Approved

02/04/2021

SBA Office Code

0677

Processing Method

PPS

Borrower Name

SOLRAC CORPORATION

Borrower Address

19 Leigh Fisher Blvd

Borrower City

El Paso

Borrower State

TX

Borrower Zip

79906-5216

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

938611.62

Current Approval Amount

938611.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

105540

Servicing Lender Name

FirstLight FCU

Servicing Lender Address

9983 Kenworthy St Administrative Bldg

Servicing Lender City

EL PASO

Servicing Lender State

TX

Servicing Lender Zip

79924-4404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

El Paso

Project County Name

EL PASO

Project State

TX

Project Zip

79906-5216

CD

TX-16

Jobs Reported

160

NAICS Code

811412

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

938611.62

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

105540

Originating Lender

FirstLight FCU

Originating Lender City

EL PASO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

943487.19

Forgiveness Date

08/17/2021

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