PPP Loan information for Automatic equipment manufacturing co.

$1,679,615

Automatic equipment manufacturing co. was initially approved for PPP Loan of amount $1,679,615, the current approved amount is $1,679,615. The loan was approved on 02/07/2021 by The BMO Harris Bank National Association reported 115 jobs and $1,679,615 was used to fund payroll.

Automatic equipment manufacturing co. is Existing or more than 2 years old

AUTOMATIC EQUIPMENT MANUFACTURING CO.

Date Approved

02/07/2021

SBA Office Code

0766

Processing Method

PPS

Borrower Name

AUTOMATIC EQUIPMENT MANUFACTURING CO.

Borrower Address

1 Mill Rd

Borrower City

Pender

Borrower State

NE

Borrower Zip

68047-5078

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1679615.00

Current Approval Amount

1679615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pender

Project County Name

THURSTON

Project State

NE

Project Zip

68047-5078

CD

NE-03

Jobs Reported

115

NAICS Code

336390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1679609.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1690019.28

Forgiveness Date

09/23/2021

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