PPP Loan information for Proautomated

$1,639,067

Proautomated was initially approved for PPP Loan of amount $1,639,067, the current approved amount is $1,639,067. The loan was approved on 02/20/2021 by The American Bank reported 133 jobs and $1,639,067 was used to fund payroll.

Proautomated is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Proautomated

PROAUTOMATED

Date Approved

02/20/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

PROAUTOMATED

Borrower Address

100 Lake Dr Ste 205

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702-3361

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1639067.00

Current Approval Amount

1639067.00

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

19702-3361

CD

DE-

Jobs Reported

133

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1639067.00

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

1645896.45

Forgiveness Date

07/21/2021

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