PPP Loan information for Automatic manufacturing systems, inc

$504,753

Automatic manufacturing systems, inc was initially approved for PPP Loan of amount $504,800, the current approved amount is $504,753. The loan was approved on 04/11/2020 by The Truist Bank reported 34 jobs and $504,753 was used to fund payroll.

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

PPP Loan Search / FL / PLANTATION / Automatic manufacturing systems, inc

AUTOMATIC MANUFACTURING SYSTEMS, INC

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

AUTOMATIC MANUFACTURING SYSTEMS, INC

Borrower Address

1800 nw 69TH AVE

Borrower City

PLANTATION

Borrower State

FL

Borrower Zip

33313-4568

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504800.00

Current Approval Amount

504753.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLANTATION

Project County Name

BROWARD

Project State

FL

Project Zip

33313-4568

CD

FL-20

Jobs Reported

34

NAICS Code

333519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

504753.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

509548.15

Forgiveness Date

03/31/2021

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