PPP Loan information for Pro automated, inc.

$1,392,100

Pro automated, inc. was initially approved for PPP Loan of amount $1,392,100, the current approved amount is $1,392,100. The loan was approved on 04/05/2020 by The American Bank reported 99 jobs and $1,392,100 was used to fund payroll.

Pro automated, inc. is Existing or more than 2 years old

PPP Loan Search / DE / NEWARK / Pro automated, inc.

PRO AUTOMATED, INC.

Date Approved

04/05/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

PRO AUTOMATED, INC.

Borrower Address

100 Lake Drive Suite 105

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19702-3317

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1392100.00

Current Approval Amount

1392100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-3317

CD

DE-

Jobs Reported

99

NAICS Code

541490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1392100.00

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

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1399949.90

Forgiveness Date

11/05/2020

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