PPP Loan information for Sarc

$176,562

Sarc was initially approved for PPP Loan of amount $176,562, the current approved amount is $176,562. The loan was approved on 01/21/2021 by The Bank of Ann Arbor reported 9 jobs and $176,562 was used to fund payroll.

Sarc is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Sarc

SARC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SARC

Borrower Address

24 Frank Lloyd Wright Dr # 406

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48105-9484

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176562.00

Current Approval Amount

176562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48105-9484

CD

MI-06

Jobs Reported

9

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176562.00

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

Non-Profit Organization

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

177350.48

Forgiveness Date

07/08/2021

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