PPP Loan information for Swan electric company, inc.

$940,200

Swan electric company, inc. was initially approved for PPP Loan of amount $940,200, the current approved amount is $940,200. The loan was approved on 04/13/2020 by The Comerica Bank reported 50 jobs and $940,200 was used to fund payroll.

Swan electric company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / LANSING / Swan electric company, inc.

SWAN ELECTRIC COMPANY, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SWAN ELECTRIC COMPANY, INC.

Borrower Address

6133 AURELIUS RD

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48911-4211

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

940200.00

Current Approval Amount

940200.00

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

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48911-4211

CD

MI-07

Jobs Reported

50

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

752232.00

Mortgage Interest Proceed

187968.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

952736.00

Forgiveness Date

08/16/2021

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