PPP Loan information for Automatic machine products co.

$504,125

Automatic machine products co. was initially approved for PPP Loan of amount $504,125, the current approved amount is $504,125. The loan was approved on 01/22/2021 by The Webster Five Cents Savings Bank reported 48 jobs and $504,125 was used to fund payroll.

Automatic machine products co. is Existing or more than 2 years old

PPP Loan Search / MA / Taunton / Automatic machine products co.

AUTOMATIC MACHINE PRODUCTS CO.

Date Approved

01/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AUTOMATIC MACHINE PRODUCTS CO.

Borrower Address

400 Constitution Dr

Borrower City

Taunton

Borrower State

MA

Borrower Zip

02780-7360

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

504124.95

Current Approval Amount

504124.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Taunton

Project County Name

BRISTOL

Project State

MA

Project Zip

02780-7360

CD

MA-04

Jobs Reported

48

NAICS Code

332911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

504122.95

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

507065.68

Forgiveness Date

08/25/2021

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