Farhat Real Property Llc

21900, 21903, 21917 and 21919, Dearborn, MI 48124 · Baked Goods Stores (NAICS 445291)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$4.4M

Jobs Supported

44

Years Active

2024–2024

Loan History (2)

Source: SBA FOIA
7(a)$755,000
Exempt
Approved
Jul 31, 2024 (FY2024)
SBA Guaranteed
$566,250 (75%)
Term
300 months (25.0 yrs)
Interest Rate
8.75%
Revolver
0
Jobs Supported
22
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Baked Goods Stores (NAICS 445291)

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Wayne County, MI

7(a)$3,634,000
Exempt
Approved
Jul 31, 2024 (FY2024)
SBA Guaranteed
$2,725,500 (75%)
Term
312 months (26.0 yrs)
Interest Rate
8.75%
Revolver
0
Jobs Supported
22
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Baked Goods Stores (NAICS 445291)

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Wayne County, MI

Business Details

Business Type
Corporation
Business Age
New Business or 2 Years or Less
NAICS Code
445291 Baked Goods Stores
Address
21900, 21903, 21917 and 21919
Dearborn, MI 48124

Lender

The Huntington National Bank
17 S High St., Columbus, OH 43215

Other SBA Borrowers in Dearborn

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