PPP Loan information for Automation components, inc.

$1,733,000

Automation components, inc. was initially approved for PPP Loan of amount $1,733,000, the current approved amount is $1,733,000. The loan was approved on 04/04/2020 by The Lake Ridge Bank reported 194 jobs and $1,733,000 was used to fund payroll.

Automation components, inc. is Existing or more than 2 years old

AUTOMATION COMPONENTS, INC.

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

AUTOMATION COMPONENTS, INC.

Borrower Address

2305 PLEASANT VIEW RD

Borrower City

MIDDLETON

Borrower State

WI

Borrower Zip

53562-5522

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1733000.00

Current Approval Amount

1733000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETON

Project County Name

DANE

Project State

WI

Project Zip

53562-5522

CD

WI-02

Jobs Reported

194

NAICS Code

334512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1733000.00

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

Subchapter S Corporation

Originating Lender Location Id

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1743445.48

Forgiveness Date

11/23/2020

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