PPP Loan information for Automated systems design

$1,501,000

Automated systems design was initially approved for PPP Loan of amount $1,501,000, the current approved amount is $1,501,000. The loan was approved on 03/31/2021 by The Truist Bank reported 86 jobs and $1,501,000 was used to fund payroll.

Automated systems design is Existing or more than 2 years old

AUTOMATED SYSTEMS DESIGN

Date Approved

03/31/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

AUTOMATED SYSTEMS DESIGN

Borrower Address

775 Goddard Ct

Borrower City

Alpharetta

Borrower State

GA

Borrower Zip

30005-2263

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1501000.00

Current Approval Amount

1501000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpharetta

Project County Name

FORSYTH

Project State

GA

Project Zip

30005-2263

CD

GA-06

Jobs Reported

86

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1500997.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1510506.33

Forgiveness Date

11/22/2021

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