PPP Loan information for Automatic specialties, inc.

$168,100

Automatic specialties, inc. was initially approved for PPP Loan of amount $168,100, the current approved amount is $168,100. The loan was approved on 04/28/2020 by The Avidia Bank reported 19 jobs and $168,100 was used to fund payroll.

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

AUTOMATIC SPECIALTIES, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AUTOMATIC SPECIALTIES, INC.

Borrower Address

422 NORTHBORO ROAD CENTRAL

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-1823

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168100.00

Current Approval Amount

168100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-1823

CD

MA-03

Jobs Reported

19

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

168100.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

169505.50

Forgiveness Date

03/02/2021

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