PPP Loan information for R&e automated systems, llc

$5,804,300

R&e automated systems, llc was initially approved for PPP Loan of amount $5,804,300, the current approved amount is $5,804,300. The loan was approved on 04/09/2020 by The Comerica Bank reported 328 jobs and $5,804,300 was used to fund payroll.

R&e automated systems, llc is Existing or more than 2 years old

R&E AUTOMATED SYSTEMS, LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R&E AUTOMATED SYSTEMS, LLC

Borrower Address

70701 POWELL RD

Borrower City

BRUCE TWP

Borrower State

MI

Borrower Zip

48065-4918

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5804300.00

Current Approval Amount

5804300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRUCE TWP

Project County Name

MACOMB

Project State

MI

Project Zip

48065-4918

CD

MI-09

Jobs Reported

328

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4643515.30

Mortgage Interest Proceed

1160784.70

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5871855.60

Forgiveness Date

06/11/2021

;