# PPP loan: PEGASUS GREEKTOWN INC.
> **$757K** approved 01/25/2021 · Exemption 4 · Loan `5485028301`
## Borrower
- **Name:** PEGASUS GREEKTOWN INC.
- **Address:** 1216 Beaubien St, Detroit, MI, 48226-2342
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $757K
- **Initial approval:** $757K
- **Forgiven:** $637K (84%)
- **Forgiveness date:** 05/04/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $757K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*