# PPP loan: DESIGN RESEARCH ENGINEERING, LLC
> **$933K** approved 04/28/2020 · Paid in Full · Loan `1266867301`
## Borrower
- **Name:** DESIGN RESEARCH ENGINEERING, LLC
- **Address:** 46475 DeSoto Ct, Novi, MI, 48377-1731
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $933K
- **Initial approval:** $933K
- **Forgiven:** $939K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $746K
- **Mortgage interest:** $187K
- **Jobs reported:** 48
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*