PPP Loan information for Saline lectronics, inc.

$1,954,600

Saline lectronics, inc. was initially approved for PPP Loan of amount $1,954,600, the current approved amount is $1,954,600. The loan was approved on 04/13/2020 by The Comerica Bank reported 202 jobs and $1,954,600 was used to fund payroll.

Saline lectronics, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SALINE / Saline lectronics, inc.

SALINE LECTRONICS, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SALINE LECTRONICS, INC.

Borrower Address

710 N. MAPLE RD

Borrower City

SALINE

Borrower State

MI

Borrower Zip

48176-1294

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1954600.00

Current Approval Amount

1954600.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALINE

Project County Name

WASHTENAW

Project State

MI

Project Zip

48176-1294

CD

MI-06

Jobs Reported

202

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1563680.62

Mortgage Interest Proceed

390919.38

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

Unanswered

Non Profit

Forgiveness Amount

1973440.17

Forgiveness Date

03/31/2021

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