PPP Loan information for Automation ideas, inc

$623,092

Automation ideas, inc was initially approved for PPP Loan of amount $623,092, the current approved amount is $623,092. The loan was approved on 04/07/2020 by The ChoiceOne Bank reported 45 jobs and $623,092 was used to fund payroll.

Automation ideas, inc is Existing or more than 2 years old

PPP Loan Search / MI / ROCKFORD / Automation ideas, inc

AUTOMATION IDEAS, INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUTOMATION IDEAS, INC

Borrower Address

9945 GREENLAND AVE NE

Borrower City

ROCKFORD

Borrower State

MI

Borrower Zip

49341-9338

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

623092.00

Current Approval Amount

623092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

KENT

Project State

MI

Project Zip

49341-9338

CD

MI-02

Jobs Reported

45

NAICS Code

333922

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

623092.00

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

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

629101.00

Forgiveness Date

03/31/2021

;