PPP Loan information for Solar alternatives inc

$566,357

Solar alternatives inc was initially approved for PPP Loan of amount $566,357, the current approved amount is $566,357. The loan was approved on 02/23/2021 by The Home Bank, National Association reported 45 jobs and $566,357 was used to fund payroll.

Solar alternatives inc is Existing or more than 2 years old

SOLAR ALTERNATIVES INC

Date Approved

02/23/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SOLAR ALTERNATIVES INC

Borrower Address

5804 River Oaks Rd S

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70123-2155

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

566357.00

Current Approval Amount

566357.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78563

Servicing Lender Name

Home Bank, National Association

Servicing Lender Address

503 Kaliste Saloom Rd

Servicing Lender City

LAFAYETTE

Servicing Lender State

LA

Servicing Lender Zip

70508-4203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Orleans

Project County Name

JEFFERSON

Project State

LA

Project Zip

70123-2155

CD

LA-01

Jobs Reported

45

NAICS Code

221114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

566355.00

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

78563

Originating Lender

Home Bank, National Association

Originating Lender City

LAFAYETTE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

374096.04

Forgiveness Date

04/14/2022

;