# PPP loan: SAC VENTURES, INC
> **$8.04M** approved 04/08/2020 · Paid in Full · Loan `8608807003`
## Borrower
- **Name:** SAC VENTURES, INC
- **Address:** 26601 HURON RIVER DR, FLAT ROCK, MI, 48134-1134
- **NAICS:** 331221
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.04M
- **Initial approval:** $8.04M
- **Forgiven:** $8.14M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.43M
- **Mortgage interest:** $1.61M
- **Jobs reported:** 500
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*