PPP Loan information for Efficient automated machine corp

$148,489

Efficient automated machine corp was initially approved for PPP Loan of amount $148,489, the current approved amount is $148,489. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $148,489 was used to fund payroll.

Efficient automated machine corp is New Business or 2 years or less

EFFICIENT AUTOMATED MACHINE CORP

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

EFFICIENT AUTOMATED MACHINE CORP

Borrower Address

3913 23RD ST

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101-4816

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148489.00

Current Approval Amount

148489.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-4816

CD

NY-07

Jobs Reported

10

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148489.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149815.23

Forgiveness Date

03/24/2021

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