PPP Loan information for Automated precision inc

$2,491,747

Automated precision inc was initially approved for PPP Loan of amount $2,491,747, the current approved amount is $2,491,747. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 167 jobs and $2,491,747 was used to fund payroll.

Automated precision inc is Existing or more than 2 years old

AUTOMATED PRECISION INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AUTOMATED PRECISION INC

Borrower Address

15000 John Hopkins Dr

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2491747.15

Current Approval Amount

2491747.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-0200

CD

MD-08

Jobs Reported

167

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2491747.15

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2532843.91

Forgiveness Date

12/17/2021

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