Date Approved
04/30/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SOLOMONS, INC.
Borrower Address
715 S. Wayne Rd.
Borrower City
Westland
Borrower State
MI
Borrower Zip
48186-4364
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
114800.00
Current Approval Amount
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
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-12
Jobs Reported
34
NAICS Code
722515
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
91882.00
Mortgage Interest Proceed
22918.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
116458.22
Forgiveness Date
10/12/2021