PPP Loan information for Solomon business development, llc

$20,800

Solomon business development, llc was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/30/2020 by The Newtek Small Business Finance, Inc. reported 1 jobs and $20,800 was used to fund payroll.

Solomon business development, llc is New Business or 2 years or less

SOLOMON BUSINESS DEVELOPMENT, LLC

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOLOMON BUSINESS DEVELOPMENT, LLC

Borrower Address

4 Birch Woods Dr

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915-3854

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Beverly

Project County Name

ESSEX

Project State

MA

Project Zip

01915-3854

CD

MA-06

Jobs Reported

1

NAICS Code

999990

Race

Asian

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20961.20

Forgiveness Date

02/23/2021

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