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Solomons, Inc.

$114,800 PPP Loan in Westland, Michigan

Loan Details

Loan Number
4794957301
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$114,800
Current Approval
$114,800
Forgiveness Amount
$116,458
Forgiveness Date
Oct 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Solomons, Inc.
Address
715 S. Wayne Rd.
City
Westland
State
Michigan
ZIP Code
48186-4364
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722515)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$91,882
Mortgage Interest
$22,918

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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