PPP Loan information for Automatic environmental systems, inc.

$97,600

Automatic environmental systems, inc. was initially approved for PPP Loan of amount $97,600, the current approved amount is $97,600. The loan was approved on 04/08/2020 by The Northwest Bank of Rockford reported 6 jobs and $97,600 was used to fund payroll.

Automatic environmental systems, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Automatic environmental systems, inc.

AUTOMATIC ENVIRONMENTAL SYSTEMS, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AUTOMATIC ENVIRONMENTAL SYSTEMS, INC.

Borrower Address

775 N MADISON ST

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61107-3933

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97600.00

Current Approval Amount

97600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61107-3933

CD

IL-17

Jobs Reported

6

NAICS Code

334512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1600.00

Payroll Proceed

89000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98074.44

Forgiveness Date

10/13/2020

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