PPP Loan information for Automation & modular componen

$1,388,755

Automation & modular componen was initially approved for PPP Loan of amount $1,388,755, the current approved amount is $1,388,755. The loan was approved on 01/25/2021 by The Loan Source Incorporated reported 90 jobs and $1,388,755 was used to fund payroll.

Automation & modular componen is Existing or more than 2 years old

AUTOMATION & MODULAR COMPONEN

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AUTOMATION & MODULAR COMPONEN

Borrower Address

10301 Enterprise Dr

Borrower City

Davisburg

Borrower State

MI

Borrower Zip

48350-1312

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1388755.00

Current Approval Amount

1388755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davisburg

Project County Name

OAKLAND

Project State

MI

Project Zip

48350-1312

CD

MI-09

Jobs Reported

90

NAICS Code

333922

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1388753.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1402338.17

Forgiveness Date

02/02/2022

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