Dearborn Operations LLC

$803,500 PPP Loan in Detroit, Michigan

Loan Details

Loan Number
5100667200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$803,500
Current Approval
$803,500
Forgiveness Amount
$811,245
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dearborn Operations LLC
Address
5801 Southfield Expressway
ZIP Code
48228
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
130
Estimated Revenue
$40.6M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$602,700
Utilities
$60,800
Health Care
$20,000
Mortgage Interest
$120,000

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank, National Association

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