PPP Loan information for Solfuels usa, inc.

$373,300

Solfuels usa, inc. was initially approved for PPP Loan of amount $373,300, the current approved amount is $373,300. The loan was approved on 04/28/2020 by The Southern Bancorp Bank reported 41 jobs and $373,300 was used to fund payroll.

Solfuels usa, inc. is New Business or 2 years or less

SOLFUELS USA, INC.

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SOLFUELS USA, INC.

Borrower Address

1463 HIGHWAY 20

Borrower City

HELENA

Borrower State

AR

Borrower Zip

72342-8000

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

373300.00

Current Approval Amount

373300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HELENA

Project County Name

PHILLIPS

Project State

AR

Project Zip

72342-8000

CD

AR-01

Jobs Reported

41

NAICS Code

325199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37330.00

Payroll Proceed

279975.00

Mortgage Interest Proceed

0.00

Rent Proceed

55995.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

377677.33

Forgiveness Date

07/06/2021

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