Soroc Acquisition Corporation

$806,400 PPP Loan in Burton, Michigan

Loan Details

Loan Number
1561087306
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$806,400
Current Approval
$806,400
Forgiveness Amount
$811,798
Forgiveness Date
Jan 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Soroc Acquisition Corporation
Address
4349 S Dort Hwy
City
Burton
ZIP Code
48529-1805
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (523910)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$38.5M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$645,180
Mortgage Interest
$161,220

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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