Solaronics, Inc.

$358,700 PPP Loan in Auburn Hills, Michigan

Loan Details

Loan Number
1787857108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$358,700
Current Approval
$358,700
Forgiveness Amount
$361,432
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Solaronics, Inc.
Address
3720 Lapeer Road
ZIP Code
48326-1732
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423720)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$358,700

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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