PPP Loan information for Automatic machine products inc.

$125,500

Automatic machine products inc. was initially approved for PPP Loan of amount $125,500, the current approved amount is $125,500. The loan was approved on 04/08/2020 by The Availa Bank reported 19 jobs and $125,500 was used to fund payroll.

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

PPP Loan Search / IA / WEBSTER CITY / Automatic machine products inc.

AUTOMATIC MACHINE PRODUCTS INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AUTOMATIC MACHINE PRODUCTS INC.

Borrower Address

1931 INDUSTRIAL PARK RD

Borrower City

WEBSTER CITY

Borrower State

IA

Borrower Zip

50595-1120

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125500.00

Current Approval Amount

125500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24654

Servicing Lender Name

Availa Bank

Servicing Lender Address

126 W 6th St

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2341

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEBSTER CITY

Project County Name

HAMILTON

Project State

IA

Project Zip

50595-1120

CD

IA-04

Jobs Reported

19

NAICS Code

332722

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125500.00

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

Subchapter S Corporation

Originating Lender Location Id

24654

Originating Lender

Availa Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126946.74

Forgiveness Date

06/04/2021

;