PPP Loan information for Automated precision inc.

$2,000,000

Automated precision inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The Fulton Bank, National Association reported 158 jobs and $2,000,000 was used to fund payroll.

Automated precision inc. is Existing or more than 2 years old

AUTOMATED PRECISION INC.

Date Approved

01/23/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

AUTOMATED PRECISION INC.

Borrower Address

15000 Johns Hopkins Dr

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850-3980

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-3980

CD

MD-06

Jobs Reported

158

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

2030958.90

Forgiveness Date

08/15/2022

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