Burroughs INC

$9,187,115 PPP Loan in Farmington Hills, Michigan

Loan Details

Loan Number
5198537106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$9,187,115
Current Approval
$9,187,115
Forgiveness Amount
$9,292,326
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Burroughs INC
Address
38505 Country Club Dr
ZIP Code
48331-3403
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811211)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$49.0M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$9,187,115

Lender Information

Servicing Lender
The State Bank
Originating Lender
The State Bank

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