PPP Loan information for Solvit inc

$684,950

Solvit inc was initially approved for PPP Loan of amount $684,950, the current approved amount is $684,950. The loan was approved on 02/19/2021 by The Santander Bank, National Association reported 47 jobs and $684,950 was used to fund payroll.

Solvit inc is Existing or more than 2 years old

SOLVIT INC

Date Approved

02/19/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

SOLVIT INC

Borrower Address

65 Farmington Valley Dr

Borrower City

Plainville

Borrower State

CT

Borrower Zip

06062-1178

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

684950.00

Current Approval Amount

684950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plainville

Project County Name

HARTFORD

Project State

CT

Project Zip

06062-1178

CD

CT-05

Jobs Reported

47

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

684944.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

687483.38

Forgiveness Date

07/08/2021

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