R.l. Deppmann Company
$1,408,400 PPP Loan in Novi, Michigan
Loan Details
- Loan Number
- 1753937306
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,408,400
- Current Approval
- $1,408,400
- Forgiveness Amount
- $1,418,572
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- R.l. Deppmann Company
- Address
- 46575 Magellan Dr
- City
- Novi
- State
- Michigan
- ZIP Code
- 48377-2452
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Wholesale Trade (423720)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 66
- Estimated Revenue
- $20.2M
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $1,126,730
- Mortgage Interest
- $281,670
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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