Saginaw Underwriters, Inc.
$897,700 PPP Loan in Saginaw, Michigan
Loan Details
- Loan Number
- 4382777005
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $897,700
- Current Approval
- $897,700
- Forgiveness Amount
- $905,256
- Forgiveness Date
- Feb 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Saginaw Underwriters, Inc.
- Address
- 1258 S. Washington Ave.
- City
- Saginaw
- State
- Michigan
- ZIP Code
- 48601-2509
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Finance and Insurance (524210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 56
- Estimated Revenue
- $28.8M
- Rural/Urban
- Rural
- Congressional District
- MI-08
Loan Use Breakdown
- Payroll
- $764,500
- Rent
- $57,700
- Utilities
- $27,300
- Health Care
- $43,200
- Debt Interest
- $5,000
Lender Information
- Servicing Lender
- 1st State Bank
- Originating Lender
- 1st State Bank
Other PPP Loans in Saginaw, MI
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|---|---|---|
| Morley Companies, Incorporated | $10,000,000 |  AI Deep Dive |
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| Merrill Fabricators INC | $5,886,000 | AI Deep Dive |
| Saginaw Cooperative Hospitals INC | $5,049,500 | AI Deep Dive |
| Standard Electric Company | $4,656,900 | AI Deep Dive |
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