PPP Loan information for Saginaw products corporation

$1,642,000

Saginaw products corporation was initially approved for PPP Loan of amount $1,642,000, the current approved amount is $1,642,000. The loan was approved on 01/29/2021 by The Comerica Bank reported 125 jobs and $1,642,000 was used to fund payroll.

Saginaw products corporation is Existing or more than 2 years old

SAGINAW PRODUCTS CORPORATION

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SAGINAW PRODUCTS CORPORATION

Borrower Address

68 Williamson St

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48601-3246

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1642000.00

Current Approval Amount

1642000.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48601-3246

CD

MI-08

Jobs Reported

125

NAICS Code

333922

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1641997.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1652262.50

Forgiveness Date

09/15/2021

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