# PPP loan: SOLUTION IT INC
> **$916K** approved 02/17/2021 · Paid in Full · Loan `9594108407`
## Borrower
- **Name:** SOLUTION IT INC
- **Address:** 60E Concord St, Wilmington, MA, 01887-2179
- **NAICS:** 561990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $916K
- **Initial approval:** $916K
- **Forgiven:** $921K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $916K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Reading Co-Operative Bank
- **Servicing:** Reading Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*