PPP Loan information for Automated machine specialties inc

$179,442

Automated machine specialties inc was initially approved for PPP Loan of amount $179,442, the current approved amount is $179,442. The loan was approved on 04/01/2021 by The Community Bank reported 13 jobs and $179,442 was used to fund payroll.

Automated machine specialties inc is Existing or more than 2 years old

PPP Loan Search / TN / Lexington / Automated machine specialties inc

AUTOMATED MACHINE SPECIALTIES INC

Date Approved

04/01/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

AUTOMATED MACHINE SPECIALTIES INC

Borrower Address

25 Blankenship St

Borrower City

Lexington

Borrower State

TN

Borrower Zip

38351-2901

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

179442.00

Current Approval Amount

179442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88774

Servicing Lender Name

Community Bank

Servicing Lender Address

19 Natchez Trace Dr

Servicing Lender City

LEXINGTON

Servicing Lender State

TN

Servicing Lender Zip

38351-2172

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

HENDERSON

Project State

TN

Project Zip

38351-2901

CD

TN-08

Jobs Reported

13

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

179440.00

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

88774

Originating Lender

Community Bank

Originating Lender City

LEXINGTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180104.94

Forgiveness Date

08/13/2021

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