# PPP loan: THE BAY AT CRANBROOK HEALTH AND REHABILITATION CENTER LLC
> **$261K** approved 04/27/2020 · Paid in Full · Loan `5567447208`
## Borrower
- **Name:** THE BAY AT CRANBROOK HEALTH AND REHABILITATION CENTER LLC
- **Address:** 5000 E 7 Mile Rd, DETROIT, MI, 48234-2261
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Rent:** $39K
- **Utilities:** $13K
- **Jobs reported:** 49
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*