PPP Loan information for Automation equipment corp.

$24,548

Automation equipment corp. was initially approved for PPP Loan of amount $24,548, the current approved amount is $24,548. The loan was approved on 04/10/2020 by The Community State Bank reported 2 jobs and $24,548 was used to fund payroll.

Automation equipment corp. is Existing or more than 2 years old

AUTOMATION EQUIPMENT CORP.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AUTOMATION EQUIPMENT CORP.

Borrower Address

6834 NW 93RD ST

Borrower City

JOHNSTON

Borrower State

IA

Borrower Zip

50131-1844

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24547.50

Current Approval Amount

24547.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24553

Servicing Lender Name

Community State Bank

Servicing Lender Address

817 N Ankeny Blvd

Servicing Lender City

ANKENY

Servicing Lender State

IA

Servicing Lender Zip

50023-1768

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOHNSTON

Project County Name

POLK

Project State

IA

Project Zip

50131-1844

CD

IA-03

Jobs Reported

2

NAICS Code

336999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24547.50

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

Subchapter S Corporation

Originating Lender Location Id

24553

Originating Lender

Community State Bank

Originating Lender City

ANKENY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24766.38

Forgiveness Date

03/09/2021

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