PPP Loan information for Solution one industries, inc.

$6,372,700

Solution one industries, inc. was initially approved for PPP Loan of amount $6,621,000, the current approved amount is $6,372,700. The loan was approved on 04/14/2020 by The VeraBank, National Association reported 485 jobs and $6,372,700 was used to fund payroll.

Solution one industries, inc. is Existing or more than 2 years old

SOLUTION ONE INDUSTRIES, INC.

Date Approved

04/14/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SOLUTION ONE INDUSTRIES, INC.

Borrower Address

412 N Gray St

Borrower City

KILLEEN

Borrower State

TX

Borrower Zip

76541-5247

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6621000.00

Current Approval Amount

6372700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70109

Servicing Lender Name

VeraBank, National Association

Servicing Lender Address

201 W Main St

Servicing Lender City

HENDERSON

Servicing Lender State

TX

Servicing Lender Zip

75652-3106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KILLEEN

Project County Name

BELL

Project State

TX

Project Zip

76541-5247

CD

TX-11

Jobs Reported

485

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6372700.00

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

70109

Originating Lender

VeraBank, National Association

Originating Lender City

HENDERSON

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6177365.04

Forgiveness Date

06/11/2021

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