PPP Loan information for Saffo ii inc

$40,000

Saffo ii inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 01/25/2021 by The Comerica Bank reported 7 jobs and $40,000 was used to fund payroll.

Saffo ii inc is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Saffo ii inc

SAFFO II INC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SAFFO II INC

Borrower Address

5955 18 Mile Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-4201

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-4201

CD

MI-10

Jobs Reported

7

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39996.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40267.78

Forgiveness Date

10/04/2021

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