PPP Loan information for Automatic products enterprises inc.

$22,730

Automatic products enterprises inc. was initially approved for PPP Loan of amount $22,730, the current approved amount is $22,730. The loan was approved on 04/27/2020 by The Southern Bank and Trust Company reported 5 jobs and $22,730 was used to fund payroll.

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

AUTOMATIC PRODUCTS ENTERPRISES INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUTOMATIC PRODUCTS ENTERPRISES INC.

Borrower Address

3823 LEE ST

Borrower City

AYDEN

Borrower State

NC

Borrower Zip

28513-1606

Loan Status Date

06/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22730.00

Current Approval Amount

22730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AYDEN

Project County Name

PITT

Project State

NC

Project Zip

28513-1606

CD

NC-01

Jobs Reported

5

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22730.00

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

Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22881.53

Forgiveness Date

12/31/2020

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