PPP Loan information for Sac ventures, inc

$8,038,700

Sac ventures, inc was initially approved for PPP Loan of amount $8,038,700, the current approved amount is $8,038,700. The loan was approved on 04/08/2020 by The Comerica Bank reported 500 jobs and $8,038,700 was used to fund payroll.

Sac ventures, inc is Existing or more than 2 years old

SAC VENTURES, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAC VENTURES, INC

Borrower Address

26601 HURON RIVER DR

Borrower City

FLAT ROCK

Borrower State

MI

Borrower Zip

48134-1134

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8038700.00

Current Approval Amount

8038700.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLAT ROCK

Project County Name

WAYNE

Project State

MI

Project Zip

48134-1134

CD

MI-06

Jobs Reported

500

NAICS Code

331221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6431000.00

Mortgage Interest Proceed

1607700.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8136727.48

Forgiveness Date

07/01/2021

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