Dortch Enterprises, LLC
$2,500,000 PPP Loan in Grand Blanc, Michigan
Loan Details
- Loan Number
- 7825097006
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,500,000
- Current Approval
- $2,500,000
- Forgiveness Amount
- $2,532,192
- Forgiveness Date
- Jul 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Dortch Enterprises, LLC
- Address
- 8487 Retreat Dr
- City
- Grand Blanc
- State
- Michigan
- ZIP Code
- 48439-2564
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Franchise
- Subway
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $88.8M
- Rural/Urban
- Urban
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $2,000,000
- Rent
- $125,000
- Utilities
- $125,000
- Mortgage Interest
- $125,000
- Debt Interest
- $125,000
Lender Information
- Servicing Lender
- Horizon Bank
- Originating Lender
- Horizon Bank
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