PPP Loan information for Scientific brake & equipment co.

$694,203

Scientific brake & equipment co. was initially approved for PPP Loan of amount $694,203, the current approved amount is $694,203. The loan was approved on 04/10/2020 by The Fifth Third Bank reported 52 jobs and $694,203 was used to fund payroll.

Scientific brake & equipment co. is New Business or 2 years or less

PPP Loan Search / MI / SAGINAW / Scientific brake & equipment co.

SCIENTIFIC BRAKE & EQUIPMENT CO.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCIENTIFIC BRAKE & EQUIPMENT CO.

Borrower Address

314 W. GENESSEE AVE

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48602

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

694202.50

Current Approval Amount

694202.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48602-1000

CD

MI-08

Jobs Reported

52

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

694202.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

695294.95

Forgiveness Date

11/23/2020

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