Solace Therapeutics INC

$206,000 PPP Loan in Framingham, Massachusetts

Loan Details

Loan Number
5167367100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$206,000
Current Approval
$206,000
Forgiveness Amount
$207,648
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Solace Therapeutics INC
Address
135 Newbury Street
ZIP Code
01701
Business Type
Corporation
Industry (NAICS)
Manufacturing (339113)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$178,000
Utilities
$650
Mortgage Interest
$27,350

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Silicon Valley Bridge Bank NA

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