Sachse Construction

$2,000,000 PPP Loan in Detroit, Michigan

Loan Details

Loan Number
4422818409
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,020,986
Forgiveness Date
Mar 2, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sachse Construction
Address
1528 Woodward Ave
ZIP Code
48226-2037
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
252
Estimated Revenue
$287.1M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$1,999,997
Utilities
$1

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

Other PPP Loans in Detroit, MI

BusinessApproved
Crain Communications Inc.$10,000,000NewBizBotAI Deep Dive
Midwest Steel, INC$10,000,000NewBizBotAI Deep Dive
Ideal Contracting L.l.c.$10,000,000NewBizBotAI Deep Dive
Detroit Manufacturing Systems, LLC$10,000,000NewBizBotAI Deep Dive
Samaritas$9,762,322NewBizBotAI Deep Dive

Want to research this company further?