Date Approved
01/22/2021
SBA Office Code
0549
Processing Method
PPS
Borrower Name
AUTOMATIC MECHANICAL CORP
Borrower Address
3681 Ludgate Rd
Borrower City
Shaker Hts
Borrower State
OH
Borrower Zip
44120-5069
Loan Status Date
08/16/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
95781.80
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
58036
Servicing Lender Name
Fifth Third Bank
Servicing Lender Address
38 Fountain Sq Plz
Servicing Lender City
CINCINNATI
Servicing Lender State
Servicing Lender Zip
45263
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CUYAHOGA
Project State
Project Zip
CD
OH-11
Jobs Reported
7
NAICS Code
238220
Race
Black or African American
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
95779.80
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
97146.69
Forgiveness Date
07/06/2022