PPP Loan information for Industrial automated systems, inc.

$684,900

Industrial automated systems, inc. was initially approved for PPP Loan of amount $684,900, the current approved amount is $684,900. The loan was approved on 04/27/2020 by The Southern Bank and Trust Company reported 35 jobs and $684,900 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

04/27/2020

SBA Office Code

0460

Processing Method

PPP

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

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

684900.00

Current Approval Amount

684900.00

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

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

684900.00

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

688381.57

Forgiveness Date

11/05/2020

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