Dearborn Sausage Company INC

$1,925,200 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
8572137207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,925,200
Current Approval
$1,925,200
Forgiveness Amount
$1,945,842
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dearborn Sausage Company INC
Address
2450 Wyoming
ZIP Code
48120-1518
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (311612)
Business Age
Existing or more than 2 years old
Jobs Reported
197
Estimated Revenue
$69.5M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$1,540,196
Mortgage Interest
$385,004

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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