PPP Loan information for Industrial automated systems inc.

$684,990

Industrial automated systems inc. was initially approved for PPP Loan of amount $684,990, the current approved amount is $684,990. The loan was approved on 01/23/2021 by The Southern Bank and Trust Company reported 36 jobs and $684,990 was used to fund payroll.

Industrial automated systems inc. is Existing or more than 2 years old

PPP Loan Search / NC / Wilson / Industrial automated systems inc.

INDUSTRIAL AUTOMATED SYSTEMS INC.

Date Approved

01/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

INDUSTRIAL AUTOMATED SYSTEMS INC.

Borrower Address

4189 Dixie Inn Rd

Borrower City

Wilson

Borrower State

NC

Borrower Zip

27893-9000

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

684990.00

Current Approval Amount

684990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilson

Project County Name

WILSON

Project State

NC

Project Zip

27893-9000

CD

NC-01

Jobs Reported

36

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

684990.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

687520.66

Forgiveness Date

06/15/2021

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