PPP Loan information for Wayne automation corporation

$890,600

Wayne automation corporation was initially approved for PPP Loan of amount $890,600, the current approved amount is $890,600. The loan was approved on 04/09/2020 by The Truist Bank reported 54 jobs and $890,600 was used to fund payroll.

Wayne automation corporation is Existing or more than 2 years old

PPP Loan Search / PA / NORRISTOWN / Wayne automation corporation

WAYNE AUTOMATION CORPORATION

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

WAYNE AUTOMATION CORPORATION

Borrower Address

605 GENERAL WASHINGTON AVE

Borrower City

NORRISTOWN

Borrower State

PA

Borrower Zip

19403-3662

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

890600.00

Current Approval Amount

890600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORRISTOWN

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19403-3662

CD

PA-04

Jobs Reported

54

NAICS Code

333993

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

890600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

895844.64

Forgiveness Date

11/19/2020

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