PPP Loan information for Workhorse automation inc.

$303,521

Workhorse automation inc. was initially approved for PPP Loan of amount $303,521, the current approved amount is $303,521. The loan was approved on 01/23/2021 by The Fulton Bank, National Association reported 14 jobs and $303,521 was used to fund payroll.

Workhorse automation inc. is Existing or more than 2 years old

PPP Loan Search / PA / Oxford / Workhorse automation inc.

WORKHORSE AUTOMATION INC.

Date Approved

01/23/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

WORKHORSE AUTOMATION INC.

Borrower Address

551 Union School Rd

Borrower City

Oxford

Borrower State

PA

Borrower Zip

19363-1290

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

303521.00

Current Approval Amount

303521.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oxford

Project County Name

CHESTER

Project State

PA

Project Zip

19363-1290

CD

PA-06

Jobs Reported

14

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

303519.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

305325.26

Forgiveness Date

08/27/2021

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