PPP Loan information for Sommers schwartz p.c.

$1,215,135

Sommers schwartz p.c. was initially approved for PPP Loan of amount $1,215,135, the current approved amount is $1,215,135. The loan was approved on 01/23/2021 by The First Merchants Bank reported 56 jobs and $1,215,135 was used to fund payroll.

Sommers schwartz p.c. is Existing or more than 2 years old

SOMMERS SCHWARTZ P.C.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SOMMERS SCHWARTZ P.C.

Borrower Address

1 Towne Sq Fl 17

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48076-3729

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1215135.00

Current Approval Amount

1215135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48076-3729

CD

MI-12

Jobs Reported

56

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1215135.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1224822.79

Forgiveness Date

11/17/2021

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