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Scientific Brake & Equipment Co.

$694,203 PPP Loan in Saginaw, Michigan

Loan Details

Loan Number
1865107102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$694,203
Current Approval
$694,203
Forgiveness Amount
$695,295
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Scientific Brake & Equipment Co.
Address
314 W. Genessee Ave
City
Saginaw
State
Michigan
ZIP Code
48602
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
New Business or 2 years or less
Jobs Reported
52
Estimated Revenue
$13.6M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$694,203

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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