Solon, Inc.

$3,117,400 PPP Loan in Desoto, Texas

Loan Details

Loan Number
7937377001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,117,400
Current Approval
$3,117,400
Forgiveness Amount
$3,150,965
Forgiveness Date
May 19, 2021
Term
23 months
Draw
First Draw

Business Information

Business Name
Solon, Inc.
Address
585 S. Interstate 35
City
Desoto
State
Texas
ZIP Code
75115-6402
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238150)
Business Age
Existing or more than 2 years old
Jobs Reported
265
Estimated Revenue
$61.3M
Rural/Urban
Urban
Congressional District
TX-30

Loan Use Breakdown

Payroll
$3,117,400

Lender Information

Servicing Lender
Frost Bank
Originating Lender
Frost Bank

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