PPP Loan information for Dearborn operations llc

$803,500

Dearborn operations llc was initially approved for PPP Loan of amount $803,500, the current approved amount is $803,500. The loan was approved on 04/27/2020 by The Blue Ridge Bank, National Association reported 130 jobs and $803,500 was used to fund payroll.

Dearborn operations llc is Existing or more than 2 years old

DEARBORN OPERATIONS LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEARBORN OPERATIONS LLC

Borrower Address

5801 Southfield Expressway

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48228

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

803500.00

Current Approval Amount

803500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48228-0001

CD

MI-12

Jobs Reported

130

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60800.00

Payroll Proceed

602700.00

Mortgage Interest Proceed

120000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

811244.85

Forgiveness Date

04/15/2021

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