Solect Energy Development LLC
$1,313,145 PPP Loan in Hopkinton, Massachusetts
Loan Details
- Loan Number
- 9266987004
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,313,145
- Current Approval
- $1,313,145
- Forgiveness Amount
- $1,326,061
- Forgiveness Date
- Apr 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Solect Energy Development LLC
- Address
- 89 Hayden Rowe St
- City
- Hopkinton
- State
- Massachusetts
- ZIP Code
- 01748-2507
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Information (517312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 64
- Estimated Revenue
- $10.7M
- Rural/Urban
- Urban
- Congressional District
- MA-02
Loan Use Breakdown
- Payroll
- $1,024,033
- Rent
- $46,989
- Utilities
- $6,500
- Health Care
- $150,623
- Debt Interest
- $85,000
Lender Information
- Servicing Lender
- Mutualone Bank
- Originating Lender
- Mutualone Bank
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| Solect Energy Development LLC | $1,313,145 | AI Deep Dive |
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