PPP Loan information for Solutions management group, inc.

$447,912

Solutions management group, inc. was initially approved for PPP Loan of amount $447,912, the current approved amount is $447,912. The loan was approved on 04/08/2020 by The SENB Bank reported 38 jobs and $447,912 was used to fund payroll.

Solutions management group, inc. is Existing or more than 2 years old

SOLUTIONS MANAGEMENT GROUP, INC.

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SOLUTIONS MANAGEMENT GROUP, INC.

Borrower Address

5433 TREMONT AVE

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52807-2642

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447912.00

Current Approval Amount

447912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22064

Servicing Lender Name

SENB Bank

Servicing Lender Address

3535 Avenue of the Cities

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-4420

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52807-2642

CD

IA-01

Jobs Reported

38

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

447912.00

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

22064

Originating Lender

SENB Bank

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

451445.53

Forgiveness Date

01/20/2021

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