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R&E Automated Systems, LLC

Bruce Twp, MI 48065

The loans, in SBA’s record

$5.8 million
Approved
$5,804,300
The amount of every loan as it now stands, added together.
1
Loan
1 first draw.
$5.9 million
Forgiven
$5,871,856
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $5,804,300
By the amount SBA approved, ranks 3,548th of 10,688,106 borrowers nationally, 136th of 272,197 in Michigan and 14th of 23,453 in the project’s county, Macomb, MI. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to R&E Automated Systems, LLC, as SBA recorded them
Approved onAmountStatus
April 9, 2020$5.8 millionPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and PPP Data Dictionary by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved