Date Approved
04/04/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SAGINOW, LLC
Borrower Address
5206 BAY RD
Borrower City
SAGINAW
Borrower State
MI
Borrower Zip
48604-2500
Loan Status Date
03/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
58400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Plato's Closet
Servicing Lender Location Id
378002
Servicing Lender Name
1st State Bank
Servicing Lender Address
4800 Fashion Square Blvd, Ste 100
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
48604-2619
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Change of Ownership
Project City
Project County Name
Project State
Project Zip
CD
MI-08
Jobs Reported
18
NAICS Code
453998
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2000.00
Payroll Proceed
49850.00
Mortgage Interest Proceed
Rent Proceed
6550.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
48719.98
Forgiveness Date
12/09/2020