PPP Loan information for Saginaw underwriters, inc.

$897,700

Saginaw underwriters, inc. was initially approved for PPP Loan of amount $897,700, the current approved amount is $897,700. The loan was approved on 04/03/2020 by The 1st State Bank reported 56 jobs and $897,700 was used to fund payroll.

Saginaw underwriters, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Saginaw underwriters, inc.

SAGINAW UNDERWRITERS, INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAGINAW UNDERWRITERS, INC.

Borrower Address

1258 S. Washington Ave.

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48601-2509

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

897700.00

Current Approval Amount

897700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48601-2509

CD

MI-08

Jobs Reported

56

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27300.00

Payroll Proceed

764500.00

Mortgage Interest Proceed

0.00

Rent Proceed

57700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43200.00

Debt Interest Proceed

5000

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

905255.64

Forgiveness Date

02/11/2021

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