R&e Automated Systems, LLC

$5,804,300 PPP Loan in Bruce Twp, Michigan

Loan Details

Loan Number
9044717009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$5,804,300
Current Approval
$5,804,300
Forgiveness Amount
$5,871,856
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R&e Automated Systems, LLC
Address
70701 Powell Rd
ZIP Code
48065-4918
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
328
Estimated Revenue
$40.5M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$4,643,515
Mortgage Interest
$1,160,785

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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