PPP Loan information for Automotive technology inc.

$40,900

Automotive technology inc. was initially approved for PPP Loan of amount $40,900, the current approved amount is $40,900. The loan was approved on 01/27/2021 by The Sandy Spring Bank reported 3 jobs and $40,900 was used to fund payroll.

Automotive technology inc. is Existing or more than 2 years old

PPP Loan Search / MD / Jessup / Automotive technology inc.

AUTOMOTIVE TECHNOLOGY INC.

Date Approved

01/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

AUTOMOTIVE TECHNOLOGY INC.

Borrower Address

10555 Guilford Rd Ste 124

Borrower City

Jessup

Borrower State

MD

Borrower Zip

20794-9110

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40900.00

Current Approval Amount

40900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jessup

Project County Name

HOWARD

Project State

MD

Project Zip

20794-9110

CD

MD-03

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40898.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41219.36

Forgiveness Date

11/16/2021

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