PPP Loan information for Automated communications inc

$634,370

Automated communications inc was initially approved for PPP Loan of amount $634,370, the current approved amount is $634,370. The loan was approved on 04/07/2020 by The Bank of Rantoul reported 64 jobs and $634,370 was used to fund payroll.

Automated communications inc is Existing or more than 2 years old

PPP Loan Search / IL / CHAMPAIGN / Automated communications inc

AUTOMATED COMMUNICATIONS INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AUTOMATED COMMUNICATIONS INC

Borrower Address

808 N COUNTRY FAIR DR

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61821-2484

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

634370.00

Current Approval Amount

634370.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22401

Servicing Lender Name

Bank of Rantoul

Servicing Lender Address

201 E Champaign Ave

Servicing Lender City

RANTOUL

Servicing Lender State

IL

Servicing Lender Zip

61866-2900

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61821-2484

CD

IL-13

Jobs Reported

64

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

554370.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

55000

Business Type

Corporation

Originating Lender Location Id

22401

Originating Lender

Bank of Rantoul

Originating Lender City

RANTOUL

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

627925.44

Forgiveness Date

11/06/2020

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