PPP Loan information for Solectric llc

$62,500

Solectric llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $62,500 was used to fund payroll.

Solectric llc is Existing or more than 2 years old

SOLECTRIC LLC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

SOLECTRIC LLC

Borrower Address

22434 STATE ROUTE 534

Borrower City

MOUNT VERNON

Borrower State

WA

Borrower Zip

98274

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

SKAGIT

Project State

WA

Project Zip

98274-0001

CD

WA-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

38500.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63114.20

Forgiveness Date

04/28/2021

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