PPP Loan information for Automation creations, inc.

$304,000

Automation creations, inc. was initially approved for PPP Loan of amount $304,000, the current approved amount is $304,000. The loan was approved on 04/16/2020 by The The National Bank of Blacksburg reported 22 jobs and $304,000 was used to fund payroll.

Automation creations, inc. is Existing or more than 2 years old

PPP Loan Search / VA / BLACKSBURG / Automation creations, inc.

AUTOMATION CREATIONS, INC.

Date Approved

04/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AUTOMATION CREATIONS, INC.

Borrower Address

2020 KRAFT DR STE 3000

Borrower City

BLACKSBURG

Borrower State

VA

Borrower Zip

24060-6305

Loan Status Date

01/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304000.00

Current Approval Amount

304000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-6305

CD

VA-09

Jobs Reported

22

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

304000.00

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

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

295892.88

Forgiveness Date

12/15/2020

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