# PPP loan: MOROUN NURSING CENTER OF DETROIT, LLC
> **$1.60M** approved 05/27/2020 · Paid in Full · Loan `4123397810`
## Borrower
- **Name:** MOROUN NURSING CENTER OF DETROIT, LLC
- **Address:** 8045 E JEFFERSON AVE, DETROIT, MI, 48214-2627
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 200
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*