PPP Loan information for Solar automotive repair, inc.

$50,100

Solar automotive repair, inc. was initially approved for PPP Loan of amount $129,700, the current approved amount is $50,100. The loan was approved on 04/05/2020 by The VelocitySBA, LLC reported 3 jobs and $50,100 was used to fund payroll.

Solar automotive repair, inc. is New Business or 2 years or less

SOLAR AUTOMOTIVE REPAIR, INC.

Date Approved

04/05/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

SOLAR AUTOMOTIVE REPAIR, INC.

Borrower Address

2277 MANATT CT

Borrower City

CASTLE ROCK

Borrower State

CO

Borrower Zip

80104-4204

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129700.00

Current Approval Amount

50100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

507814

Servicing Lender Name

VelocitySBA, LLC

Servicing Lender Address

695 Town Center Drive Suite 240

Servicing Lender City

Costa Mesa

Servicing Lender State

CA

Servicing Lender Zip

92626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CASTLE ROCK

Project County Name

DOUGLAS

Project State

CO

Project Zip

80104-4204

CD

CO-04

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50100.00

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

507814

Originating Lender

VelocitySBA, LLC

Originating Lender City

Costa Mesa

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47387.76

Forgiveness Date

11/25/2020

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