PPP Loan information for Dearborn sausage company inc

$1,925,200

Dearborn sausage company inc was initially approved for PPP Loan of amount $1,925,200, the current approved amount is $1,925,200. The loan was approved on 04/28/2020 by The Comerica Bank reported 197 jobs and $1,925,200 was used to fund payroll.

Dearborn sausage company inc is Existing or more than 2 years old

DEARBORN SAUSAGE COMPANY INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEARBORN SAUSAGE COMPANY INC

Borrower Address

2450 Wyoming

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48120-1518

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1925200.00

Current Approval Amount

1925200.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48120-1518

CD

MI-12

Jobs Reported

197

NAICS Code

311612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1540196.20

Mortgage Interest Proceed

385003.80

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1945842.42

Forgiveness Date

05/21/2021

;