PPP Loan information for Solenoid systems

$27,500

Solenoid systems was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 2 jobs and $27,500 was used to fund payroll.

Solenoid systems is Existing or more than 2 years old

SOLENOID SYSTEMS

Date Approved

05/01/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SOLENOID SYSTEMS

Borrower Address

252 ENTERPRISE RD

Borrower City

DELAFIELD

Borrower State

WI

Borrower Zip

53018

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

DELAFIELD

Project County Name

WAUKESHA

Project State

WI

Project Zip

53018-0001

CD

WI-05

Jobs Reported

2

NAICS Code

561621

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27500.00

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

24625.22

Forgiveness Date

11/09/2020

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