Date Approved
04/04/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LYNCH & SONS FUNERAL DIRECTORS, INC.
Borrower Address
1368 CROOKS RD
Borrower City
CLAWSON
Borrower State
MI
Borrower Zip
48017-1048
Loan Status Date
12/10/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
134800.00
Current Approval Amount
117300.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
525601
Servicing Lender Name
Mi Bank
Servicing Lender Address
3707 W Maple
Servicing Lender City
BLOOMFIELD HILLS
Servicing Lender State
Servicing Lender Zip
48301
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
10
NAICS Code
812210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2500.00
Payroll Proceed
94800.00
Mortgage Interest Proceed
Rent Proceed
20000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
118019.87
Forgiveness Date
11/24/2020