PPP Loan information for Saturn ceramic coating company

$112,105

Saturn ceramic coating company was initially approved for PPP Loan of amount $112,105, the current approved amount is $112,105. The loan was approved on 03/04/2021 by The First Merchants Bank reported 8 jobs and $112,105 was used to fund payroll.

Saturn ceramic coating company is Existing or more than 2 years old

SATURN CERAMIC COATING COMPANY

Date Approved

03/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SATURN CERAMIC COATING COMPANY

Borrower Address

7205 19 Mile Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-3216

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112105.00

Current Approval Amount

112105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-3216

CD

MI-10

Jobs Reported

8

NAICS Code

325510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

112103.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112439.78

Forgiveness Date

06/23/2021

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