PPP Loan information for Automated equipment llc

$756,800

Automated equipment llc was initially approved for PPP Loan of amount $756,800, the current approved amount is $756,800. The loan was approved on 04/07/2020 by The Reliance Bank reported 42 jobs and $756,800 was used to fund payroll.

Automated equipment llc is Existing or more than 2 years old

PPP Loan Search / MN / RED WING / Automated equipment llc

AUTOMATED EQUIPMENT LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUTOMATED EQUIPMENT LLC

Borrower Address

5140 MOUNDVIEW DR

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-1100

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

756800.00

Current Approval Amount

756800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449710

Servicing Lender Name

Reliance Bank

Servicing Lender Address

2300 NW 30th St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-1938

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-1100

CD

MN-01

Jobs Reported

42

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

756800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

449710

Originating Lender

Reliance Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

765218.10

Forgiveness Date

05/27/2021

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