PPP Loan information for Automac parking inc

$508,135

Automac parking inc was initially approved for PPP Loan of amount $508,135, the current approved amount is $508,135. The loan was approved on 01/26/2021 by The Farmers & Merchants Bank of Long Beach reported 22 jobs and $508,135 was used to fund payroll.

Automac parking inc is Existing or more than 2 years old

AUTOMAC PARKING INC

Date Approved

01/26/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

AUTOMAC PARKING INC

Borrower Address

1040 E Wardlow Rd

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90807-4708

Loan Status Date

08/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

508135.00

Current Approval Amount

508135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90807-4708

CD

CA-44

Jobs Reported

22

NAICS Code

812930

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

508131.00

Mortgage Interest Proceed

0.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

493609.60

Forgiveness Date

11/19/2021

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