PPP Loan information for Solaro energy inc

$142,000

Solaro energy inc was initially approved for PPP Loan of amount $142,000, the current approved amount is $142,000. The loan was approved on 02/13/2021 by The Austin Bank, Texas National Association reported 6 jobs and $142,000 was used to fund payroll.

Solaro energy inc is Existing or more than 2 years old

PPP Loan Search / NM / Socorro / Solaro energy inc

SOLARO ENERGY INC

Date Approved

02/13/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

SOLARO ENERGY INC

Borrower Address

1404 Enterprise Rd

Borrower City

Socorro

Borrower State

NM

Borrower Zip

87801-4188

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142000.00

Current Approval Amount

142000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70468

Servicing Lender Name

Austin Bank, Texas National Association

Servicing Lender Address

200 E Commerce St

Servicing Lender City

JACKSONVILLE

Servicing Lender State

TX

Servicing Lender Zip

75766-4904

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Socorro

Project County Name

SOCORRO

Project State

NM

Project Zip

87801-4188

CD

NM-02

Jobs Reported

6

NAICS Code

221114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

141999.00

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

70468

Originating Lender

Austin Bank, Texas National Association

Originating Lender City

JACKSONVILLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

143380.56

Forgiveness Date

02/09/2022

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