PPP Loan information for Solon, inc.

$3,117,400

Solon, inc. was initially approved for PPP Loan of amount $3,117,400, the current approved amount is $3,117,400. The loan was approved on 04/08/2020 by The Frost Bank reported 265 jobs and $3,117,400 was used to fund payroll.

Solon, inc. is Existing or more than 2 years old

PPP Loan Search / TX / DESOTO / Solon, inc.

SOLON, INC.

Date Approved

04/08/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SOLON, INC.

Borrower Address

585 S. INTERSTATE 35

Borrower City

DESOTO

Borrower State

TX

Borrower Zip

75115-6402

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

3117400.00

Current Approval Amount

3117400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DESOTO

Project County Name

DALLAS

Project State

TX

Project Zip

75115-6402

CD

TX-30

Jobs Reported

265

NAICS Code

238150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3117400.00

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

Subchapter S Corporation

Originating Lender Location Id

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3150965.43

Forgiveness Date

05/19/2021

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