PPP Loan information for Automated systems inc

$305,790

Automated systems inc was initially approved for PPP Loan of amount $305,790, the current approved amount is $305,790. The loan was approved on 03/31/2021 by The ChoiceOne Bank reported 19 jobs and $305,790 was used to fund payroll.

Automated systems inc is Existing or more than 2 years old

AUTOMATED SYSTEMS INC

Date Approved

03/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AUTOMATED SYSTEMS INC

Borrower Address

2400 Commercial Dr

Borrower City

Auburn Hills

Borrower State

MI

Borrower Zip

48326-2410

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305790.00

Current Approval Amount

305790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Auburn Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-2410

CD

MI-11

Jobs Reported

19

NAICS Code

333922

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

305786.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

308479.28

Forgiveness Date

02/23/2022

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