# PPP loan: DM COMPANIES, INC.
> **$459K** approved 04/09/2020 · Paid in Full · Loan `1149207107`
## Borrower
- **Name:** DM COMPANIES, INC.
- **Address:** 305 W BIG BEAVER RD Ste 200, TROY, MI, 48084-0231
- **NAICS:** 541219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Mortgage interest:** $92K
- **Jobs reported:** 28
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*