Serapid Inc.

$486,600 PPP Loan in Sterling Heights, Michigan

Loan Details

Loan Number
9140468601
Date Approved
Mar 25, 2021
Loan Status
Paid in Full
Initial Approval
$486,600
Current Approval
$486,600
Forgiveness Amount
$489,479
Forgiveness Date
Nov 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Serapid Inc.
Address
34100 Mound Rd
ZIP Code
48310-6612
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$486,597
Utilities
$1

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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