PPP Loan information for Solchroma technologies inc

$119,885

Solchroma technologies inc was initially approved for PPP Loan of amount $119,885, the current approved amount is $119,885. The loan was approved on 04/15/2020 by The Bankwell Bank reported 15 jobs and $119,885 was used to fund payroll.

Solchroma technologies inc is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Solchroma technologies inc

SOLCHROMA TECHNOLOGIES INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOLCHROMA TECHNOLOGIES INC

Borrower Address

32 Appleton St.

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02144-2131

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119885.00

Current Approval Amount

119885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262358

Servicing Lender Name

Bankwell Bank

Servicing Lender Address

156 Cherry St

Servicing Lender City

New Canaan

Servicing Lender State

CT

Servicing Lender Zip

06840

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02144-2131

CD

MA-07

Jobs Reported

15

NAICS Code

333993

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115175.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4710.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

262358

Originating Lender

Bankwell Bank

Originating Lender City

New Canaan

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120551.03

Forgiveness Date

11/03/2020

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