Saginaw Geriatrics Home, LLC

$591,000 PPP Loan in Saginaw, Michigan

Loan Details

Loan Number
6553427010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$591,000
Current Approval
$591,000
Forgiveness Amount
$596,697
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Saginaw Geriatrics Home, LLC
Address
4180 Tittabawassee Rd
ZIP Code
48604-9413
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$16.2M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$472,000
Rent
$80,000
Utilities
$23,000
Debt Interest
$16,000

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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