PPP Loan information for Automated power inc

$442,527

Automated power inc was initially approved for PPP Loan of amount $442,527, the current approved amount is $442,527. The loan was approved on 02/06/2021 by The First Commercial Bank reported 28 jobs and $442,527 was used to fund payroll.

Automated power inc is Existing or more than 2 years old

AUTOMATED POWER INC

Date Approved

02/06/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

AUTOMATED POWER INC

Borrower Address

4364 Mangum Dr

Borrower City

Flowood

Borrower State

MS

Borrower Zip

39232-2111

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

442526.75

Current Approval Amount

442526.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

202885

Servicing Lender Name

First Commercial Bank

Servicing Lender Address

1300 Meadowbrook Rd

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39211-6376

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flowood

Project County Name

RANKIN

Project State

MS

Project Zip

39232-2111

CD

MS-03

Jobs Reported

28

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

442522.75

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

202885

Originating Lender

First Commercial Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

444714.80

Forgiveness Date

08/09/2021

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