PPP Loan information for Src, inc.

$620,000

Src, inc. was initially approved for PPP Loan of amount $620,000, the current approved amount is $620,000. The loan was approved on 04/07/2020 by The Waterford Bank, National Association reported 59 jobs and $620,000 was used to fund payroll.

Src, inc. is Existing or more than 2 years old

SRC, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SRC, INC.

Borrower Address

6620 19 MILE RD

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48314-2111

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620000.00

Current Approval Amount

620000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

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

48314-2111

CD

MI-10

Jobs Reported

59

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6500.00

Payroll Proceed

591228.00

Mortgage Interest Proceed

0.00

Rent Proceed

22272.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

623875.00

Forgiveness Date

11/27/2020

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