Dearborn Elite Hotels Inc.

$318,069 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
4539288507
Date Approved
Feb 26, 2021
Loan Status
Paid in Full
Initial Approval
$318,069
Current Approval
$318,069
Forgiveness Amount
$321,032
Forgiveness Date
Feb 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Dearborn Elite Hotels Inc.
Address
24105 Michigan Ave
ZIP Code
48124-1801
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Staybridge Suites
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$10.9M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$318,066
Utilities
$1

Lender Information

Servicing Lender
First National Bank of Michigan
Originating Lender
First National Bank of Michigan

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