PPP Loan information for Saco industries, inc.

$1,388,691

Saco industries, inc. was initially approved for PPP Loan of amount $1,388,691, the current approved amount is $1,388,691. The loan was approved on 04/28/2020 by The Providence Bank & Trust reported 225 jobs and $1,388,691 was used to fund payroll.

Saco industries, inc. is Existing or more than 2 years old

SACO INDUSTRIES, INC.

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SACO INDUSTRIES, INC.

Borrower Address

17151 Morse St

Borrower City

Lowell

Borrower State

IN

Borrower Zip

46356

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1388690.55

Current Approval Amount

1388690.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

397957

Servicing Lender Name

Providence Bank & Trust

Servicing Lender Address

630 E 162nd St

Servicing Lender City

SOUTH HOLLAND

Servicing Lender State

IL

Servicing Lender Zip

60473-2328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lowell

Project County Name

LAKE

Project State

IN

Project Zip

46356-0001

CD

IN-01

Jobs Reported

225

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1388690.55

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

397957

Originating Lender

Providence Bank & Trust

Originating Lender City

SOUTH HOLLAND

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1397215.57

Forgiveness Date

12/14/2020

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