PPP Loan information for Lynch & sons funeral directors, inc.

$117,300

Lynch & sons funeral directors, inc. was initially approved for PPP Loan of amount $134,800, the current approved amount is $117,300. The loan was approved on 04/04/2020 by The Mi Bank reported 10 jobs and $117,300 was used to fund payroll.

Lynch & sons funeral directors, inc. is Existing or more than 2 years old

LYNCH & SONS FUNERAL DIRECTORS, INC.

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

MI

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

CLAWSON

Project County Name

OAKLAND

Project State

MI

Project Zip

48017-1048

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

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

525601

Originating Lender

Mi Bank

Originating Lender City

BLOOMFIELD HILLS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

118019.87

Forgiveness Date

11/24/2020

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