PPP Loan information for Sacks furniture company

$11,752

Sacks furniture company was initially approved for PPP Loan of amount $11,752, the current approved amount is $11,752. The loan was approved on 05/02/2020 by The First Merchants Bank reported 3 jobs and $11,752 was used to fund payroll.

Sacks furniture company is Existing or more than 2 years old

SACKS FURNITURE COMPANY

Date Approved

05/02/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SACKS FURNITURE COMPANY

Borrower Address

1310 W Elm Ave

Borrower City

Monroe

Borrower State

MI

Borrower Zip

48162

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11752.00

Current Approval Amount

11752.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

MONROE

Project State

MI

Project Zip

48162-1143

CD

MI-05

Jobs Reported

3

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11752.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11875.32

Forgiveness Date

05/27/2021

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