PPP Loan information for The solution center, inc.

$58,700

The solution center, inc. was initially approved for PPP Loan of amount $58,700, the current approved amount is $58,700. The loan was approved on 04/08/2020 by The TowneBank reported 5 jobs and $58,700 was used to fund payroll.

The solution center, inc. is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / The solution center, inc.

THE SOLUTION CENTER, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE SOLUTION CENTER, INC.

Borrower Address

1101 Slater Rd., Ste. 200

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27703-5427

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58700.00

Current Approval Amount

58700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27703-5427

CD

NC-04

Jobs Reported

5

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58700.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59133.73

Forgiveness Date

01/07/2021

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