PPP Loan information for Automatic systems inc

$31,500

Automatic systems inc was initially approved for PPP Loan of amount $31,500, the current approved amount is $31,500. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 3 jobs and $31,500 was used to fund payroll.

Automatic systems inc is Unanswered

AUTOMATIC SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AUTOMATIC SYSTEMS INC

Borrower Address

385 KILLIAN HILL RD NW

Borrower City

LILBURN

Borrower State

GA

Borrower Zip

30047-3829

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31500.00

Current Approval Amount

31500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

LILBURN

Project County Name

GWINNETT

Project State

GA

Project Zip

30047-3829

CD

GA-07

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31500.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30267.79

Forgiveness Date

04/29/2021

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