PPP Loan information for Solon nursing care center, inc.

$831,565

Solon nursing care center, inc. was initially approved for PPP Loan of amount $831,565, the current approved amount is $831,565. The loan was approved on 04/14/2020 by The Bridge Community Bank reported 139 jobs and $831,565 was used to fund payroll.

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

SOLON NURSING CARE CENTER, INC.

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SOLON NURSING CARE CENTER, INC.

Borrower Address

523 EAST 5TH STREET

Borrower City

SOLON

Borrower State

IA

Borrower Zip

52333

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

831565.00

Current Approval Amount

831565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25256

Servicing Lender Name

Bridge Community Bank

Servicing Lender Address

302 Hwy 1 SE

Servicing Lender City

MOUNT VERNON

Servicing Lender State

IA

Servicing Lender Zip

52314-9501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOLON

Project County Name

JOHNSON

Project State

IA

Project Zip

52333-0001

CD

IA-01

Jobs Reported

139

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

771330.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

60235.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25256

Originating Lender

Bridge Community Bank

Originating Lender City

MOUNT VERNON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

838055.83

Forgiveness Date

01/25/2021

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