PPP Loan information for Sol-area inc

$89,114

Sol-area inc was initially approved for PPP Loan of amount $89,114, the current approved amount is $89,114. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $89,114 was used to fund payroll.

Sol-area inc is New Business or 2 years or less

PPP Loan Search / GA / NEWNAN / Sol-area inc

SOL-AREA INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOL-AREA INC

Borrower Address

10 BEAVERS ST

Borrower City

NEWNAN

Borrower State

GA

Borrower Zip

30263-2624

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89114.00

Current Approval Amount

89114.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEWNAN

Project County Name

COWETA

Project State

GA

Project Zip

30263-2624

CD

GA-03

Jobs Reported

11

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89114.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89756.11

Forgiveness Date

01/25/2021

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