Sol's Pipe & Steel LLC

$1,247,311 PPP Loan in Monroe, Louisiana

Loan Details

Loan Number
7480627003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,247,311
Current Approval
$1,247,311
Forgiveness Amount
$1,262,313
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sol's Pipe & Steel LLC
Address
4951 Transport Ave
City
Monroe
ZIP Code
71203-6104
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (331210)
Business Age
Existing or more than 2 years old
Jobs Reported
106
Estimated Revenue
$27.8M
Rural/Urban
Urban
Congressional District
LA-05

Loan Use Breakdown

Payroll
$997,850
Rent
$85,000
Utilities
$85,000
Mortgage Interest
$79,461

Lender Information

Servicing Lender
Origin Bank
Originating Lender
Origin Bank

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