PPP Loan information for Flexible automation inc

$670,000

Flexible automation inc was initially approved for PPP Loan of amount $670,000, the current approved amount is $670,000. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 28 jobs and $670,000 was used to fund payroll.

Flexible automation inc is Existing or more than 2 years old

PPP Loan Search / MI / BURTON / Flexible automation inc

FLEXIBLE AUTOMATION INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FLEXIBLE AUTOMATION INC

Borrower Address

3387 E BRISTOL RD

Borrower City

BURTON

Borrower State

MI

Borrower Zip

48529-1451

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

670000.00

Current Approval Amount

670000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURTON

Project County Name

GENESEE

Project State

MI

Project Zip

48529-1451

CD

MI-08

Jobs Reported

28

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

670000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

675211.11

Forgiveness Date

01/26/2021

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