Solarponics, Inc.

$640,770 PPP Loan in Atascadero, California

Loan Details

Loan Number
6348297107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$640,770
Current Approval
$640,770
Forgiveness Amount
$649,214
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Solarponics, Inc.
Address
4700 El Camino Real
ZIP Code
93422-2753
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
CA-19

Loan Use Breakdown

Payroll
$334,051
Rent
$72,000
Utilities
$15,949
Health Care
$198,272
Debt Interest
$20,498

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Pacific Premier Bank

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