PPP Loan information for Advanced mechatronics inc.

$174,600

Advanced mechatronics inc. was initially approved for PPP Loan of amount $174,600, the current approved amount is $174,600. The loan was approved on 04/15/2020 by The ServisFirst Bank reported 12 jobs and $174,600 was used to fund payroll.

Advanced mechatronics inc. is Existing or more than 2 years old

ADVANCED MECHATRONICS INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ADVANCED MECHATRONICS INC.

Borrower Address

1200 MERIDIAN ST STE 3001

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35801-4605

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174600.00

Current Approval Amount

174600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35801-4605

CD

AL-05

Jobs Reported

12

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

200.00

Payroll Proceed

160800.00

Mortgage Interest Proceed

0.00

Rent Proceed

13600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176156.85

Forgiveness Date

03/05/2021

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