PPP Loan information for Southwest solutions inc

$2,708,966

Southwest solutions inc was initially approved for PPP Loan of amount $2,708,966, the current approved amount is $2,708,966. The loan was approved on 04/16/2020 by The Bank of Ann Arbor reported 235 jobs and $2,708,966 was used to fund payroll.

Southwest solutions inc is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Southwest solutions inc

SOUTHWEST SOLUTIONS INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOUTHWEST SOLUTIONS INC

Borrower Address

5716 Michigan Ave Ste 3000

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48210-3039

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2708966.00

Current Approval Amount

2708966.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48210-3039

CD

MI-13

Jobs Reported

235

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2708966.00

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

Non-Profit Organization

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2739469.70

Forgiveness Date

06/09/2021

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