PPP Loan information for Automatic food service inc

$415,498

Automatic food service inc was initially approved for PPP Loan of amount $415,498, the current approved amount is $415,498. The loan was approved on 04/09/2020 by The AmeriFirst Bank reported 40 jobs and $415,498 was used to fund payroll.

Automatic food service inc is Existing or more than 2 years old

PPP Loan Search / AL / MONTGOMERY / Automatic food service inc

AUTOMATIC FOOD SERVICE INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AUTOMATIC FOOD SERVICE INC

Borrower Address

3013 HAYNEVILLE ROAD

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36108

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

415497.68

Current Approval Amount

415497.68

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3328

Servicing Lender Name

AmeriFirst Bank

Servicing Lender Address

8165 Vaughn Rd

Servicing Lender City

MONTGOMERY

Servicing Lender State

AL

Servicing Lender Zip

36116

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36108-0001

CD

AL-02

Jobs Reported

40

NAICS Code

454210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14126.92

Payroll Proceed

378933.88

Mortgage Interest Proceed

0.00

Rent Proceed

22436.88

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3328

Originating Lender

AmeriFirst Bank

Originating Lender City

MONTGOMERY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

418233.04

Forgiveness Date

12/09/2020

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