PPP Loan information for Automated assembly corporation

$262,485

Automated assembly corporation was initially approved for PPP Loan of amount $262,485, the current approved amount is $262,485. The loan was approved on 05/21/2020 by The State Bank of Danvers reported 21 jobs and $262,485 was used to fund payroll.

Automated assembly corporation is Existing or more than 2 years old

PPP Loan Search / MN / LAKEVILLE / Automated assembly corporation

AUTOMATED ASSEMBLY CORPORATION

Date Approved

05/21/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUTOMATED ASSEMBLY CORPORATION

Borrower Address

20777 KENSINGTON BLVD

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-8051

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262485.00

Current Approval Amount

262485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36765

Servicing Lender Name

State Bank of Danvers

Servicing Lender Address

2010 Minnesota Ave

Servicing Lender City

BENSON

Servicing Lender State

MN

Servicing Lender Zip

56215-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-8051

CD

MN-02

Jobs Reported

21

NAICS Code

334111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

262485.00

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

Corporation

Originating Lender Location Id

36765

Originating Lender

State Bank of Danvers

Originating Lender City

BENSON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

264570.30

Forgiveness Date

03/09/2021

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