Detroit Engineered Products Inc.

850 E. Long Lake Rd., Troy, MI 48085 · Computer Systems Design Services (NAICS 541512)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$3.9M

Jobs Supported

126

Years Active

2013–2016

Loan History (2)

Source: SBA FOIA
7(a)$350,000
Paid in Full
Approved
Aug 12, 2016 (FY2016)
SBA Guaranteed
$175,000 (50%)
Term
12 months (1.0 yrs)
Interest Rate
5.00%
Revolver
0
Jobs Supported
26
Business Type
Corporation
Industry
Computer Systems Design Services (NAICS 541512)
Paid in Full
Sep 30, 2017

Lender

Bank of Ann Arbor

125 S Fifth Ave, Ann Arbor, MI 48104

Project Location

Oakland County, MI

7(a)$3,500,000
Paid in Full
Approved
Aug 21, 2013 (FY2013)
SBA Guaranteed
$2,625,000 (75%)
Term
60 months (5.0 yrs)
Interest Rate
5.30%
Revolver
0
Jobs Supported
100
Business Type
Corporation
Industry
Engineering Services (NAICS 541330)
Paid in Full
Sep 30, 2018

Lender

Bank of Ann Arbor

125 S Fifth Ave, Ann Arbor, MI 48104

Project Location

Oakland County, MI

Business Details

Business Type
Corporation
NAICS Code
541512 Computer Systems Design Services
Address
850 E. Long Lake Rd.
Troy, MI 48085

Lender

Bank of Ann Arbor
125 S Fifth Ave, Ann Arbor, MI 48104

Other SBA Borrowers in Troy

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