PPP Loan information for Moroun nursing center of detroit, llc

$1,600,104

Moroun nursing center of detroit, llc was initially approved for PPP Loan of amount $1,600,104, the current approved amount is $1,600,104. The loan was approved on 05/27/2020 by The CIBC Bank USA reported 200 jobs and $1,600,104 was used to fund payroll.

Moroun nursing center of detroit, llc is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / Moroun nursing center of detroit, llc

MOROUN NURSING CENTER OF DETROIT, LLC

Date Approved

05/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOROUN NURSING CENTER OF DETROIT, LLC

Borrower Address

8045 E JEFFERSON AVE

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48214-2627

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1600104.00

Current Approval Amount

1600104.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

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

48214-2627

CD

MI-13

Jobs Reported

200

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1600104.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1621497.17

Forgiveness Date

10/06/2021

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