# PPP loan: DESIGN RESEARCH ENGINEERING LLC
> **$735K** approved 02/03/2021 · Paid in Full · Loan `2538438405`
## 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:** $735K
- **Initial approval:** $735K
- **Forgiven:** $739K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $735K
- **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*