PPP Loan information for Solar optimum, inc.

$1,200,534

Solar optimum, inc. was initially approved for PPP Loan of amount $1,200,534, the current approved amount is $1,200,534. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 65 jobs and $1,200,534 was used to fund payroll.

Solar optimum, inc. is Existing or more than 2 years old

SOLAR OPTIMUM, INC.

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

SOLAR OPTIMUM, INC.

Borrower Address

614 COLORADO ST W

Borrower City

GLENDALE

Borrower State

CA

Borrower Zip

91204

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1200534.00

Current Approval Amount

1200534.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLENDALE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91204-1000

CD

CA-30

Jobs Reported

65

NAICS Code

541690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1200534.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1213406.39

Forgiveness Date

05/27/2021

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