Synod Residential Services

$950,300 PPP Loan in Ypsilanti, Michigan

Loan Details

Loan Number
5060027201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$950,300
Current Approval
$950,300
Forgiveness Amount
$956,371
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Synod Residential Services
Address
615 S Mansfield St
ZIP Code
48197-5156
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623220)
Business Age
Existing or more than 2 years old
Jobs Reported
130
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$760,304
Mortgage Interest
$189,996

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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