PPP Loan information for Sara express inc

$205,000

Sara express inc was initially approved for PPP Loan of amount $205,000, the current approved amount is $205,000. The loan was approved on 05/26/2020 by The Celtic Bank Corporation reported 45 jobs and $205,000 was used to fund payroll.

Sara express inc is Existing or more than 2 years old

SARA EXPRESS INC

Date Approved

05/26/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SARA EXPRESS INC

Borrower Address

11902 Woodland Way

Borrower City

Frisco

Borrower State

TX

Borrower Zip

75035

Loan Status Date

12/18/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

205000.00

Current Approval Amount

205000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frisco

Project County Name

COLLIN

Project State

TX

Project Zip

75035-0001

CD

TX-03

Jobs Reported

45

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25625.00

Payroll Proceed

153750.00

Mortgage Interest Proceed

0.00

Rent Proceed

25625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;