PPP Loan information for Dortch enterprises, llc

$2,500,000

Dortch enterprises, llc was initially approved for PPP Loan of amount $2,500,000, the current approved amount is $2,500,000. The loan was approved on 04/08/2020 by The Horizon Bank reported 500 jobs and $2,500,000 was used to fund payroll.

Dortch enterprises, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND BLANC / Dortch enterprises, llc

DORTCH ENTERPRISES, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DORTCH ENTERPRISES, LLC

Borrower Address

8487 RETREAT DR

Borrower City

GRAND BLANC

Borrower State

MI

Borrower Zip

48439-2564

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2500000.00

Current Approval Amount

2500000.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND BLANC

Project County Name

GENESEE

Project State

MI

Project Zip

48439-2564

CD

MI-05

Jobs Reported

500

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

125000.00

Payroll Proceed

2000000.00

Mortgage Interest Proceed

125000.00

Rent Proceed

125000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

125000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2532191.78

Forgiveness Date

07/30/2021

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