PPP Loan information for Sachse construction and development company

$3,184,199

Sachse construction and development company was initially approved for PPP Loan of amount $3,184,199, the current approved amount is $3,184,199. The loan was approved on 04/07/2020 by The First Merchants Bank reported 143 jobs and $3,184,199 was used to fund payroll.

Sachse construction and development company is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / Sachse construction and development company

SACHSE CONSTRUCTION AND DEVELOPMENT COMPANY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SACHSE CONSTRUCTION AND DEVELOPMENT COMPANY

Borrower Address

1528 WOODWARD AVE

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48226-2005

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3184199.00

Current Approval Amount

3184199.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48226-2005

CD

MI-13

Jobs Reported

143

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3184199.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3220926.34

Forgiveness Date

06/11/2021

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