PPP Loan information for Automated power inc.

$425,400

Automated power inc. was initially approved for PPP Loan of amount $425,400, the current approved amount is $425,400. The loan was approved on 04/04/2020 by The First Commercial Bank reported 26 jobs and $425,400 was used to fund payroll.

Automated power inc. is Existing or more than 2 years old

PPP Loan Search / MS / FLOWOOD / Automated power inc.

AUTOMATED POWER INC.

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

AUTOMATED POWER INC.

Borrower Address

4364 Mangum Dr

Borrower City

FLOWOOD

Borrower State

MS

Borrower Zip

39232-2111

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425400.00

Current Approval Amount

425400.00

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

26

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6500.00

Payroll Proceed

394900.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

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

427775.15

Forgiveness Date

11/03/2020

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