PPP Loan information for Arobotech systems, inc.

$452,400

Arobotech systems, inc. was initially approved for PPP Loan of amount $452,400, the current approved amount is $452,400. The loan was approved on 04/28/2020 by The Comerica Bank reported 26 jobs and $452,400 was used to fund payroll.

Arobotech systems, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Madison Heights / Arobotech systems, inc.

AROBOTECH SYSTEMS, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AROBOTECH SYSTEMS, INC.

Borrower Address

1524 east Avis Dr

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-1589

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

452400.00

Current Approval Amount

452400.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1589

CD

MI-11

Jobs Reported

26

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

361958.00

Mortgage Interest Proceed

90442.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

457740.83

Forgiveness Date

07/01/2021

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