Solidenergy Systems, LLC

$839,680 PPP Loan in Woburn, Massachusetts

Loan Details

Loan Number
9868867109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$839,680
Current Approval
$839,680
Forgiveness Amount
$846,724
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Solidenergy Systems, LLC
Address
35 Cabot Road
City
Woburn
ZIP Code
01801
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (335911)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$654,737
Rent
$141,943
Utilities
$43,000

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Silicon Valley Bridge Bank NA

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