PPP Loan information for Soroc acquisition corporation

$806,400

Soroc acquisition corporation was initially approved for PPP Loan of amount $806,400, the current approved amount is $806,400. The loan was approved on 04/28/2020 by The Comerica Bank reported 75 jobs and $806,400 was used to fund payroll.

Soroc acquisition corporation is Existing or more than 2 years old

PPP Loan Search / MI / BURTON / Soroc acquisition corporation

SOROC ACQUISITION CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOROC ACQUISITION CORPORATION

Borrower Address

4349 S DORT HWY

Borrower City

BURTON

Borrower State

MI

Borrower Zip

48529-1805

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

806400.00

Current Approval Amount

806400.00

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

BURTON

Project County Name

GENESEE

Project State

MI

Project Zip

48529-1805

CD

MI-08

Jobs Reported

75

NAICS Code

523910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

645180.00

Mortgage Interest Proceed

161220.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

811798.40

Forgiveness Date

01/04/2021

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