# PPP loan: SARAS AMERICA, INC
> **$716K** approved 04/28/2020 · Paid in Full · Loan `6496477202`
## Borrower
- **Name:** SARAS AMERICA, INC
- **Address:** 38345 W. 10 Mile Rd, Suite 300, Farmington Hills, MI, 48335-2837
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $716K
- **Forgiven:** $723K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $716K
- **Jobs reported:** 31
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*