PPP Loan information for Solomon metals corp

$296,535

Solomon metals corp was initially approved for PPP Loan of amount $285,898, the current approved amount is $296,535. The loan was approved on 04/07/2020 by The Eastern Bank reported 19 jobs and $296,535 was used to fund payroll.

Solomon metals corp is Existing or more than 2 years old

SOLOMON METALS CORP

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOLOMON METALS CORP

Borrower Address

580 LYNNWAY

Borrower City

LYNN

Borrower State

MA

Borrower Zip

01905-3024

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285897.50

Current Approval Amount

296535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNN

Project County Name

ESSEX

Project State

MA

Project Zip

01905-3024

CD

MA-06

Jobs Reported

19

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

296535.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

298857.86

Forgiveness Date

01/25/2021

;