PPP Loan information for Sav's welding services inc.

$502,800

Sav's welding services inc. was initially approved for PPP Loan of amount $502,800, the current approved amount is $502,800. The loan was approved on 03/12/2021 by The Comerica Bank reported 55 jobs and $502,800 was used to fund payroll.

Sav's welding services inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Sav's welding services inc.

SAV'S WELDING SERVICES INC.

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SAV'S WELDING SERVICES INC.

Borrower Address

11811 Pleasant St

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48217-1619

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

502800.00

Current Approval Amount

502800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48217-1619

CD

MI-13

Jobs Reported

55

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

502798.00

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

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

507981.63

Forgiveness Date

04/04/2022

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