# PPP loan: BLUE RIBBON RESTAURANTS NOVI, LLC
> **$1.83M** approved 04/04/2020 · Paid in Full · Loan `4598467005`
## Borrower
- **Name:** BLUE RIBBON RESTAURANTS NOVI, LLC
- **Address:** 8451 BOULDER CT Suite 250, WALLED LAKE, MI, 48390-4105
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.83M
- **Initial approval:** $1.83M
- **Forgiven:** $1.85M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Rent:** $110K
- **Utilities:** $91K
- **Health care:** $37K
- **Debt interest:** $37K
- **Jobs reported:** 200
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*