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
- City
- Springfield
- State
- Illinois
- 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
Other PPP Loans in Springfield, IL
| Business | Approved | |
|---|---|---|
| United Contractors Midwest, Inc. | $10,000,000 | |
| Community Care Systems, Inc. | $8,606,895 | |
| Synapsis INC | $6,548,500 | |
| Roland Machinery Company | $5,959,700 | |
| Springfield Electric Supply Company | $5,872,500 |
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