PPP Loan information for Saralex inc.

$102,366

Saralex inc. was initially approved for PPP Loan of amount $102,366, the current approved amount is $102,366. The loan was approved on 02/01/2021 by The First Merchants Bank reported 28 jobs and $102,366 was used to fund payroll.

Saralex inc. is Existing or more than 2 years old

PPP Loan Search / MI / Riverview / Saralex inc.

SARALEX INC.

Date Approved

02/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SARALEX INC.

Borrower Address

15918 King Rd

Borrower City

Riverview

Borrower State

MI

Borrower Zip

48193-7947

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102366.00

Current Approval Amount

102366.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Riverview

Project County Name

WAYNE

Project State

MI

Project Zip

48193-7947

CD

MI-06

Jobs Reported

28

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

102363.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103445.75

Forgiveness Date

03/01/2022

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