# PPP loan: DETROIT MANUFACTURING SYSTEMS, LLC
> **$8.19M** approved 04/10/2020 · Paid in Full · Loan `2281137101`
## Borrower
- **Name:** DETROIT MANUFACTURING SYSTEMS, LLC
- **Address:** 12701 Southfield Road Building A, Detroit, MI, 48223-3599
- **NAICS:** 336360
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.19M
- **Initial approval:** $10.00M
- **Forgiven:** $8.29M (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.25M
- **Rent:** $410K
- **Utilities:** $207K
- **Health care:** $1.32M
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*