PPP Loan information for Solvit inc

$63,200

Solvit inc was initially approved for PPP Loan of amount $63,200, the current approved amount is $63,200. The loan was approved on 04/13/2020 by The Lake Ridge Bank reported 5 jobs and $63,200 was used to fund payroll.

Solvit inc is Existing or more than 2 years old

SOLVIT INC

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SOLVIT INC

Borrower Address

7001 RAYWOOD RD

Borrower City

MONONA

Borrower State

WI

Borrower Zip

53713-2271

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63200.00

Current Approval Amount

63200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONONA

Project County Name

DANE

Project State

WI

Project Zip

53713-2271

CD

WI-02

Jobs Reported

5

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63696.94

Forgiveness Date

02/02/2021

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