PPP Loan information for Solo laboratories inc

$553,730

Solo laboratories inc was initially approved for PPP Loan of amount $553,730, the current approved amount is $553,730. The loan was approved on 04/29/2020 by The Truist Bank reported 55 jobs and $553,730 was used to fund payroll.

Solo laboratories inc is Existing or more than 2 years old

SOLO LABORATORIES INC

Date Approved

04/29/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SOLO LABORATORIES INC

Borrower Address

415 S Laurel St

Borrower City

Kutztown

Borrower State

PA

Borrower Zip

19530

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

553729.51

Current Approval Amount

553729.51

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kutztown

Project County Name

BERKS

Project State

PA

Project Zip

19530-0001

CD

PA-04

Jobs Reported

55

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

553729.51

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

556898.07

Forgiveness Date

11/30/2020

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