PPP Loan information for Autec inc

$667,049

Autec inc was initially approved for PPP Loan of amount $667,000, the current approved amount is $667,049. The loan was approved on 04/14/2020 by The Truist Bank reported 51 jobs and $667,049 was used to fund payroll.

Autec inc is Existing or more than 2 years old

AUTEC INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUTEC INC

Borrower Address

2500 W FRONT ST

Borrower City

STATESVILLE

Borrower State

NC

Borrower Zip

28677-2998

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

667000.00

Current Approval Amount

667049.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STATESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28677-2998

CD

NC-10

Jobs Reported

51

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

667049.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

678574.12

Forgiveness Date

01/04/2022

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