# PPP loan: SOLRAC CORPORATION
> **$939K** approved 05/07/2020 · Paid in Full · Loan `3631237407`
## Borrower
- **Name:** SOLRAC CORPORATION
- **Address:** 19 LEIGH FISHER BLVD., STE B, EL PASO, TX, 79906-5218
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $939K
- **Initial approval:** $939K
- **Forgiven:** $944K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $939K
- **Jobs reported:** 190
## Lender
- **Originating:** FirstLight FCU
- **Servicing:** FirstLight FCU (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*