PPP Loan information for Solvanic inc

$12,660

Solvanic inc was initially approved for PPP Loan of amount $12,660, the current approved amount is $12,660. The loan was approved on 04/29/2021 by The Cache Valley Bank reported 2 jobs and $12,660 was used to fund payroll.

Solvanic inc is Existing or more than 2 years old

PPP Loan Search / UT / Washington / Solvanic inc

SOLVANIC INC

Date Approved

04/29/2021

SBA Office Code

0883

Processing Method

PPP

Borrower Name

SOLVANIC INC

Borrower Address

1120 N Daybreak Dr

Borrower City

Washington

Borrower State

UT

Borrower Zip

84780-8492

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12660.00

Current Approval Amount

12660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

WASHINGTON

Project State

UT

Project Zip

84780-8492

CD

UT-02

Jobs Reported

2

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12659.00

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

Subchapter S Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12740.53

Forgiveness Date

12/23/2021

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