PPP Loan information for Conveyor & automation technologies, inc.

$402,400

Conveyor & automation technologies, inc. was initially approved for PPP Loan of amount $402,400, the current approved amount is $402,400. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 27 jobs and $402,400 was used to fund payroll.

Conveyor & automation technologies, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Sparks Glencoe / Conveyor & automation technologies, inc.

CONVEYOR & AUTOMATION TECHNOLOGIES, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CONVEYOR & AUTOMATION TECHNOLOGIES, INC.

Borrower Address

66 Loveton Circle

Borrower City

Sparks Glencoe

Borrower State

MD

Borrower Zip

21152

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402400.00

Current Approval Amount

402400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sparks Glencoe

Project County Name

BALTIMORE

Project State

MD

Project Zip

21152-0301

CD

MD-02

Jobs Reported

27

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

301953.00

Mortgage Interest Proceed

9000.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22000.00

Debt Interest Proceed

17447

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

405619.20

Forgiveness Date

02/10/2021

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