Solomon Colors INC

$2,526,230 PPP Loan in Springfield, Illinois

Loan Details

Loan Number
9457737002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,526,230
Current Approval
$2,526,230
Forgiveness Amount
$2,558,931
Forgiveness Date
Jul 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Solomon Colors INC
Address
Solomon Colors, INC
ZIP Code
62702
Business Type
Corporation
Industry (NAICS)
Manufacturing (325130)
Business Age
Existing or more than 2 years old
Jobs Reported
151
Estimated Revenue
$149.8M
Rural/Urban
Urban
Congressional District
IL-15

Loan Use Breakdown

Payroll
$1,894,673
Rent
$631,558

Lender Information

Servicing Lender
Carrollton Bank
Originating Lender
Carrollton Bank

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