Design Research Engineering, LLC

$932,900 PPP Loan in Novi, Michigan

Loan Details

Loan Number
1266867301
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$932,900
Current Approval
$932,900
Forgiveness Amount
$938,627
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Design Research Engineering, LLC
Address
46475 Desoto Ct
City
Novi
ZIP Code
48377-1731
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$746,368
Mortgage Interest
$186,532

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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