PPP Loan information for Dearborn operations llc

$1,124,900

Dearborn operations llc was initially approved for PPP Loan of amount $1,124,900, the current approved amount is $1,124,900. The loan was approved on 01/20/2021 by The Loan Source Incorporated reported 60 jobs and $1,124,900 was used to fund payroll.

Dearborn operations llc is Existing or more than 2 years old

DEARBORN OPERATIONS LLC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DEARBORN OPERATIONS LLC

Borrower Address

5801 Southfield Fwy

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48228-3885

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1124900.00

Current Approval Amount

1124900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48228-3885

CD

MI-12

Jobs Reported

60

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1124894.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1138984.36

Forgiveness Date

04/25/2022

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