PPP Loan information for Promatic automation inc

$441,997

Promatic automation inc was initially approved for PPP Loan of amount $441,997, the current approved amount is $441,997. The loan was approved on 03/12/2021 by The PNC Bank, National Association reported 26 jobs and $441,997 was used to fund payroll.

Promatic automation inc is Existing or more than 2 years old

PROMATIC AUTOMATION INC

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PROMATIC AUTOMATION INC

Borrower Address

9A National Ave 9a National Ave

Borrower City

Fletcher

Borrower State

NC

Borrower Zip

28732-8655

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

441997.00

Current Approval Amount

441997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fletcher

Project County Name

HENDERSON

Project State

NC

Project Zip

28732-8655

CD

NC-11

Jobs Reported

26

NAICS Code

333999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

441991.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

444722.65

Forgiveness Date

10/26/2021

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