PPP Loan information for Automated merchandising systems inc.

$947,490

Automated merchandising systems inc. was initially approved for PPP Loan of amount $947,490, the current approved amount is $947,490. The loan was approved on 02/06/2021 by The Seacoast National Bank reported 68 jobs and $947,490 was used to fund payroll.

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

AUTOMATED MERCHANDISING SYSTEMS INC.

Date Approved

02/06/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

AUTOMATED MERCHANDISING SYSTEMS INC.

Borrower Address

255 W Burr Blvd

Borrower City

Kearneysville

Borrower State

WV

Borrower Zip

25430-4718

Loan Status Date

02/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

947490.00

Current Approval Amount

947490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17616

Servicing Lender Name

Seacoast National Bank

Servicing Lender Address

815 Colorado Ave

Servicing Lender City

STUART

Servicing Lender State

FL

Servicing Lender Zip

34994-3053

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kearneysville

Project County Name

JEFFERSON

Project State

WV

Project Zip

25430-4718

CD

WV-02

Jobs Reported

68

NAICS Code

333318

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

947485.00

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

17616

Originating Lender

Seacoast National Bank

Originating Lender City

STUART

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

955201.52

Forgiveness Date

12/14/2021

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