PPP Loan information for Industrial automation surplus llc

$25,000

Industrial automation surplus llc was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 06/24/2020 by The American Express National Bank reported 2 jobs and $25,000 was used to fund payroll.

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

INDUSTRIAL AUTOMATION SURPLUS LLC

Date Approved

06/24/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

INDUSTRIAL AUTOMATION SURPLUS LLC

Borrower Address

118 Lone Wolf Drive

Borrower City

Madison

Borrower State

MS

Borrower Zip

39110

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MADISON

Project State

MS

Project Zip

39110-0002

CD

MS-03

Jobs Reported

2

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

625.00

Payroll Proceed

21875.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25218.49

Forgiveness Date

05/11/2021

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