PPP Loan information for Sara's place, inc.

$76,516

Sara's place, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $76,516. The loan was approved on 07/31/2020 by The Michigan Schools & Government CU reported 14 jobs and $76,516 was used to fund payroll.

Sara's place, inc. is Existing or more than 2 years old

SARA'S PLACE, INC.

Date Approved

07/31/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SARA'S PLACE, INC.

Borrower Address

13425 19 MILE RD

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48313-1981

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

76516.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99125

Servicing Lender Name

Michigan Schools & Government CU

Servicing Lender Address

40400 Garfield Rd

Servicing Lender City

CLINTON TOWNSHIP

Servicing Lender State

MI

Servicing Lender Zip

48038-4004

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

48313-1981

CD

MI-10

Jobs Reported

14

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76516.00

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

Corporation

Originating Lender Location Id

99125

Originating Lender

Michigan Schools & Government CU

Originating Lender City

CLINTON TOWNSHIP

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77247.15

Forgiveness Date

07/15/2021

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