Design Systems, INC
$3,550,520 PPP Loan in Farmington Hills, Michigan
Loan Details
- Loan Number
- 8912407006
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,550,520
- Current Approval
- $3,550,520
- Forgiveness Amount
- $3,596,237
- Forgiveness Date
- Jul 27, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Design Systems, INC
- Address
- 38799 West 12 Mile Rd 0.0
- City
- Farmington Hills
- State
- Michigan
- ZIP Code
- 48331-2903
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 186
- Estimated Revenue
- $22.9M
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $3,147,684
- Rent
- $97,240
- Utilities
- $7,872
- Health Care
- $297,724
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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