PPP Loan information for Scientific brake & equipment co.

$714,410

Scientific brake & equipment co. was initially approved for PPP Loan of amount $714,410, the current approved amount is $714,410. The loan was approved on 01/27/2021 by The Fifth Third Bank reported 52 jobs and $714,410 was used to fund payroll.

Scientific brake & equipment co. is Existing or more than 2 years old

PPP Loan Search / MI / Saginaw / Scientific brake & equipment co.

SCIENTIFIC BRAKE & EQUIPMENT CO.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCIENTIFIC BRAKE & EQUIPMENT CO.

Borrower Address

314 W Genesee Ave

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48602-5510

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

714410.00

Current Approval Amount

714410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

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

48602-5510

CD

MI-08

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

714408.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

718458.32

Forgiveness Date

08/27/2021

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