PPP Loan information for Automatic products corp.

$963,600

Automatic products corp. was initially approved for PPP Loan of amount $963,600, the current approved amount is $963,600. The loan was approved on 04/10/2020 by The Vista Bank reported 76 jobs and $963,600 was used to fund payroll.

Automatic products corp. is Existing or more than 2 years old

PPP Loan Search / TX / GARLAND / Automatic products corp.

AUTOMATIC PRODUCTS CORP.

Date Approved

04/10/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

AUTOMATIC PRODUCTS CORP.

Borrower Address

2735 FOREST LN

Borrower City

GARLAND

Borrower State

TX

Borrower Zip

75042-6510

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

963600.00

Current Approval Amount

963600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71653

Servicing Lender Name

Vista Bank

Servicing Lender Address

5840 W Northwest Hwy

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75225-3201

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARLAND

Project County Name

DALLAS

Project State

TX

Project Zip

75042-6510

CD

TX-05

Jobs Reported

76

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

80291.00

Payroll Proceed

722726.00

Mortgage Interest Proceed

80291.00

Rent Proceed

80292.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

71653

Originating Lender

Vista Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

959164.84

Forgiveness Date

11/20/2020

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