PPP Loan information for Automatic payroll systems, inc

$1,476,867

Automatic payroll systems, inc was initially approved for PPP Loan of amount $1,476,867, the current approved amount is $1,476,867. The loan was approved on 04/06/2020 by The Origin Bank reported 122 jobs and $1,476,867 was used to fund payroll.

Automatic payroll systems, inc is Existing or more than 2 years old

PPP Loan Search / LA / SHREVEPORT / Automatic payroll systems, inc

AUTOMATIC PAYROLL SYSTEMS, INC

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

AUTOMATIC PAYROLL SYSTEMS, INC

Borrower Address

3010 KNIGHT ST SUITE 300

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71105-2502

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1476867.00

Current Approval Amount

1476867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71105-2502

CD

LA-04

Jobs Reported

122

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

184608.00

Payroll Proceed

1107650.00

Mortgage Interest Proceed

184609.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1488148.62

Forgiveness Date

01/19/2021

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