PPP Loan information for Serapid inc.

$486,600

Serapid inc. was initially approved for PPP Loan of amount $486,600, the current approved amount is $486,600. The loan was approved on 03/25/2021 by The Comerica Bank reported 33 jobs and $486,600 was used to fund payroll.

Serapid inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Serapid inc.

SERAPID INC.

Date Approved

03/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SERAPID INC.

Borrower Address

34100 Mound Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48310-6612

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

486600.00

Current Approval Amount

486600.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48310-6612

CD

MI-10

Jobs Reported

33

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

486597.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

489479.05

Forgiveness Date

11/01/2021

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