PPP Loan information for Automation precision technology llc

$386,700

Automation precision technology llc was initially approved for PPP Loan of amount $411,900, the current approved amount is $386,700. The loan was approved on 05/19/2020 by The TowneBank reported 32 jobs and $386,700 was used to fund payroll.

Automation precision technology llc is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Automation precision technology llc

AUTOMATION PRECISION TECHNOLOGY LLC

Date Approved

05/19/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AUTOMATION PRECISION TECHNOLOGY LLC

Borrower Address

2511 Walmer Ave Suite A

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23513-2604

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

411900.00

Current Approval Amount

386700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23513-2604

CD

VA-03

Jobs Reported

32

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

386700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

389385.42

Forgiveness Date

01/27/2021

;