PPP Loan information for Solem concessions, inc.
$65,000
Solem concessions, inc. was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 04/06/2020 by The Peoples State Bank of Plainview reported 16 jobs and $65,000 was used to fund payroll.
Solem concessions, inc. is Existing or more than 2 years old
SOLEM CONCESSIONS, INC.
Date Approved
04/06/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SOLEM CONCESSIONS, INC.
Borrower Address
PO BOX 9045
Borrower City
ROCHESTER
Borrower State
MN
Borrower Zip
55903-9015
Loan Status Date
02/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
65000.00
Current Approval Amount
65000.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38759
Servicing Lender Name
Peoples State Bank of Plainview
Servicing Lender Address
100 4th Ave SE, Ste 6
Servicing Lender City
PLAINVIEW
Servicing Lender State
MN
Servicing Lender Zip
55964-2502
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
ROCHESTER
Project County Name
OLMSTED
Project State
MN
Project Zip
55903-9015
CD
MN-01
Jobs Reported
16
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
65000.00
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
38759
Originating Lender
Peoples State Bank of Plainview
Originating Lender City
PLAINVIEW
Originating Lender State
MN
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
65475.48
Forgiveness Date
01/08/2021