PPP Loan information for Solbid, inc

$128,000

Solbid, inc was initially approved for PPP Loan of amount $128,000, the current approved amount is $128,000. The loan was approved on 04/10/2020 by The Avidia Bank reported 8 jobs and $128,000 was used to fund payroll.

Solbid, inc is Existing or more than 2 years old

SOLBID, INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOLBID, INC

Borrower Address

116 JOHN ST Suite 400

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-1124

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128000.00

Current Approval Amount

128000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-1124

CD

MA-03

Jobs Reported

8

NAICS Code

541690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

128000.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

128835.56

Forgiveness Date

12/14/2020

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