Swan Electric Company, Inc.
$940,200 PPP Loan in Lansing, Michigan
Loan Details
- Loan Number
- 5644317100
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $940,200
- Current Approval
- $940,200
- Forgiveness Amount
- $952,736
- Forgiveness Date
- Aug 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Swan Electric Company, Inc.
- Address
- 6133 Aurelius Rd
- City
- Lansing
- State
- Michigan
- ZIP Code
- 48911-4211
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- $16.5M
- Rural/Urban
- Urban
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $752,232
- Mortgage Interest
- $187,968
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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