PPP Loan information for Automatic equipment, inc.

$203,000

Automatic equipment, inc. was initially approved for PPP Loan of amount $203,000, the current approved amount is $203,000. The loan was approved on 04/16/2020 by The Banco Popular de Puerto Rico reported 38 jobs and $203,000 was used to fund payroll.

Automatic equipment, inc. is Existing or more than 2 years old

PPP Loan Search / PR / SAN JUAN / Automatic equipment, inc.

AUTOMATIC EQUIPMENT, INC.

Date Approved

04/16/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

AUTOMATIC EQUIPMENT, INC.

Borrower Address

URB LA RIVIERA 1020 CALLE 3 SUITE 1

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00921

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203000.00

Current Approval Amount

203000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00921-1000

CD

PR-

Jobs Reported

38

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4709.76

Payroll Proceed

198290.24

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

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

204477.39

Forgiveness Date

01/07/2021

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