PPP Loan information for Automatic machine products, inc.

$173,500

Automatic machine products, inc. was initially approved for PPP Loan of amount $173,500, the current approved amount is $173,500. The loan was approved on 04/28/2020 by The Renasant Bank reported 19 jobs and $173,500 was used to fund payroll.

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

AUTOMATIC MACHINE PRODUCTS, INC.

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

AUTOMATIC MACHINE PRODUCTS, INC.

Borrower Address

1702 SAWYER RD

Borrower City

CORINTH

Borrower State

MS

Borrower Zip

38834

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173500.00

Current Approval Amount

173500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORINTH

Project County Name

ALCORN

Project State

MS

Project Zip

38834-1100

CD

MS-01

Jobs Reported

19

NAICS Code

332722

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173500.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174883.18

Forgiveness Date

02/19/2021

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