PPP Loan information for Dressler automation corp

$552,500

Dressler automation corp was initially approved for PPP Loan of amount $552,500, the current approved amount is $552,500. The loan was approved on 05/01/2020 by The Celtic Bank Corporation reported 26 jobs and $552,500 was used to fund payroll.

Dressler automation corp is Existing or more than 2 years old

DRESSLER AUTOMATION CORP

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DRESSLER AUTOMATION CORP

Borrower Address

102 Jordan Drive

Borrower City

Chattanooga

Borrower State

TN

Borrower Zip

37421-6731

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

552500.00

Current Approval Amount

552500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

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

37421-6731

CD

TN-03

Jobs Reported

26

NAICS Code

336211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

552500.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

557457.15

Forgiveness Date

03/31/2021

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