PPP Loan information for Automation industrial group llc

$689,071

Automation industrial group llc was initially approved for PPP Loan of amount $760,300, the current approved amount is $689,071. The loan was approved on 04/08/2020 by The Truist Bank reported 52 jobs and $689,071 was used to fund payroll.

Automation industrial group llc is Existing or more than 2 years old

AUTOMATION INDUSTRIAL GROUP LLC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AUTOMATION INDUSTRIAL GROUP LLC

Borrower Address

106 Spring Rd

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37405-2020

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

760300.00

Current Approval Amount

689071.00

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

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37405-2020

CD

TN-03

Jobs Reported

52

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

689071.00

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

Limited Liability Company(LLC)

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

693435.12

Forgiveness Date

12/07/2020

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