PPP Loan information for Automated processes, inc.

$534,452

Automated processes, inc. was initially approved for PPP Loan of amount $534,452, the current approved amount is $534,452. The loan was approved on 04/27/2020 by The Farmers & Merchants Bank reported 32 jobs and $534,452 was used to fund payroll.

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

PPP Loan Search / MD / JESSUP / Automated processes, inc.

AUTOMATED PROCESSES, INC.

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AUTOMATED PROCESSES, INC.

Borrower Address

8301 Patuxent Range Road

Borrower City

JESSUP

Borrower State

MD

Borrower Zip

20794

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

534452.00

Current Approval Amount

534452.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JESSUP

Project County Name

HOWARD

Project State

MD

Project Zip

20794-0001

CD

MD-03

Jobs Reported

32

NAICS Code

334310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

534452.00

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

541114.35

Forgiveness Date

07/30/2021

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