PPP Loan information for Automated machine systems, inc.

$1,024,116

Automated machine systems, inc. was initially approved for PPP Loan of amount $1,024,116, the current approved amount is $1,024,116. The loan was approved on 04/27/2020 by The Independent Bank reported 93 jobs and $1,024,116 was used to fund payroll.

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

PPP Loan Search / MI / JENISON / Automated machine systems, inc.

AUTOMATED MACHINE SYSTEMS, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUTOMATED MACHINE SYSTEMS, INC.

Borrower Address

6651 PINE RIDGE CT

Borrower City

JENISON

Borrower State

MI

Borrower Zip

49428-9254

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1024116.00

Current Approval Amount

1024116.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JENISON

Project County Name

OTTAWA

Project State

MI

Project Zip

49428-9254

CD

MI-02

Jobs Reported

93

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1024116.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1029378.82

Forgiveness Date

11/03/2020

;