# PPP loan: DEXTER RESEARCH CENTER INC
> **$685K** approved 05/02/2021 · Paid in Full · Loan `6397938907`
## Borrower
- **Name:** DEXTER RESEARCH CENTER INC
- **Address:** 7300 Huron River Dr, Dexter, MI, 48130-1186
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $685K
- **Initial approval:** $685K
- **Forgiven:** $689K (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $685K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*