PPP Loan information for Automatic ice machine co inc.

$261,425

Automatic ice machine co inc. was initially approved for PPP Loan of amount $261,425, the current approved amount is $261,425. The loan was approved on 01/23/2021 by The Prosperity Bank reported 21 jobs and $261,425 was used to fund payroll.

Automatic ice machine co inc. is Existing or more than 2 years old

AUTOMATIC ICE MACHINE CO INC.

Date Approved

01/23/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

AUTOMATIC ICE MACHINE CO INC.

Borrower Address

501 E 2nd St

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79761-5433

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261425.12

Current Approval Amount

261425.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79761-5433

CD

TX-11

Jobs Reported

21

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

261422.12

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262685.69

Forgiveness Date

07/28/2021

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