PPP Loan information for Automatic products co. inc.

$1,631,068

Automatic products co. inc. was initially approved for PPP Loan of amount $1,631,068, the current approved amount is $1,631,068. The loan was approved on 03/08/2021 by The Umpqua Bank reported 81 jobs and $1,631,068 was used to fund payroll.

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

PPP Loan Search / WA / Sumner / Automatic products co. inc.

AUTOMATIC PRODUCTS CO. INC.

Date Approved

03/08/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

AUTOMATIC PRODUCTS CO. INC.

Borrower Address

3440 West Valley Hwy E

Borrower City

Sumner

Borrower State

WA

Borrower Zip

98390

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1631068.00

Current Approval Amount

1631068.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sumner

Project County Name

PIERCE

Project State

WA

Project Zip

98390

CD

WA-08

Jobs Reported

81

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1631065.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1642999.37

Forgiveness Date

12/09/2021

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