PPP Loan information for Synod residential services

$950,300

Synod residential services was initially approved for PPP Loan of amount $950,300, the current approved amount is $950,300. The loan was approved on 04/27/2020 by The Comerica Bank reported 130 jobs and $950,300 was used to fund payroll.

Synod residential services is Existing or more than 2 years old

SYNOD RESIDENTIAL SERVICES

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SYNOD RESIDENTIAL SERVICES

Borrower Address

615 S Mansfield St

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48197-5156

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

950300.00

Current Approval Amount

950300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ypsilanti

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197-5156

CD

MI-06

Jobs Reported

130

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

760304.00

Mortgage Interest Proceed

189996.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

956371.36

Forgiveness Date

12/17/2020

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