PPP Loan information for American automatics, llc

$69,200

American automatics, llc was initially approved for PPP Loan of amount $69,200, the current approved amount is $69,200. The loan was approved on 04/13/2020 by The Johnson Bank reported 7 jobs and $69,200 was used to fund payroll.

American automatics, llc is Existing or more than 2 years old

AMERICAN AUTOMATICS, LLC

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

AMERICAN AUTOMATICS, LLC

Borrower Address

4915 21ST ST

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53406-5028

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69200.00

Current Approval Amount

69200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53406-5028

CD

WI-01

Jobs Reported

7

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8650.00

Payroll Proceed

51900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8650.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69656.91

Forgiveness Date

12/15/2020

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