Date Approved
04/29/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SWANSON FUNERAL HOME, INC.
Borrower Address
806 East GRAND BLVD
Borrower City
DETROIT
Borrower State
MI
Borrower Zip
48207-2552
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
416842.85
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
34125
Servicing Lender Name
First Independence Bank
Servicing Lender Address
7310 Woodward Ave, Ste 101
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
48202-3165
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-13
Jobs Reported
67
NAICS Code
812210
Race
Black or African American
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
421451.28
Forgiveness Date
06/02/2021