PPP Loan information for Industrial automation, llc

$628,487

Industrial automation, llc was initially approved for PPP Loan of amount $628,487, the current approved amount is $628,487. The loan was approved on 04/08/2020 by The Northstar Bank reported 38 jobs and $628,487 was used to fund payroll.

Industrial automation, llc is Existing or more than 2 years old

PPP Loan Search / MI / ROCHESTER HILLS / Industrial automation, llc

INDUSTRIAL AUTOMATION, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INDUSTRIAL AUTOMATION, LLC

Borrower Address

2968 WATERVIEW DR

Borrower City

ROCHESTER HILLS

Borrower State

MI

Borrower Zip

48309-3484

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

628486.67

Current Approval Amount

628486.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222717

Servicing Lender Name

Northstar Bank

Servicing Lender Address

833 S Van Dyke Rd

Servicing Lender City

Bad Axe

Servicing Lender State

MI

Servicing Lender Zip

48413-9604

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-3484

CD

MI-10

Jobs Reported

38

NAICS Code

333519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

628486.67

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

Limited Liability Company(LLC)

Originating Lender Location Id

222717

Originating Lender

Northstar Bank

Originating Lender City

Bad Axe

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

632763.87

Forgiveness Date

12/15/2020

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