PPP Loan information for Modern automation, inc.

$128,263

Modern automation, inc. was initially approved for PPP Loan of amount $128,263, the current approved amount is $128,263. The loan was approved on 04/28/2020 by The Pinnacle Bank reported 13 jobs and $128,263 was used to fund payroll.

Modern automation, inc. is Existing or more than 2 years old

PPP Loan Search / TN / DICKSON / Modern automation, inc.

MODERN AUTOMATION, INC.

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MODERN AUTOMATION, INC.

Borrower Address

134 TENNSCO DR

Borrower City

DICKSON

Borrower State

TN

Borrower Zip

37055

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128262.50

Current Approval Amount

128262.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DICKSON

Project County Name

DICKSON

Project State

TN

Project Zip

37055-0100

CD

TN-07

Jobs Reported

13

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

128262.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128979.36

Forgiveness Date

11/20/2020

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