PPP Loan information for Automated logistics systems

$978,100

Automated logistics systems was initially approved for PPP Loan of amount $978,100, the current approved amount is $978,100. The loan was approved on 02/19/2021 by The The Huntington National Bank reported 66 jobs and $978,100 was used to fund payroll.

Automated logistics systems is Existing or more than 2 years old

PPP Loan Search / MI / Jackson / Automated logistics systems

AUTOMATED LOGISTICS SYSTEMS

Date Approved

02/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AUTOMATED LOGISTICS SYSTEMS

Borrower Address

3517 Scheele Dr

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49202-1217

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

978100.00

Current Approval Amount

978100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49202-1217

CD

MI-05

Jobs Reported

66

NAICS Code

488510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

978096.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

985040.49

Forgiveness Date

11/09/2021

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