PPP Loan information for Automation alley

$244,900

Automation alley was initially approved for PPP Loan of amount $244,900, the current approved amount is $244,900. The loan was approved on 01/22/2021 by The Waterford Bank, National Association reported 20 jobs and $244,900 was used to fund payroll.

Automation alley is Existing or more than 2 years old

AUTOMATION ALLEY

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUTOMATION ALLEY

Borrower Address

2675 Bellingham Dr

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-2044

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

244900.00

Current Approval Amount

244900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-2044

CD

MI-11

Jobs Reported

20

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

244897.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

245804.77

Forgiveness Date

06/15/2021

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