PPP Loan information for Automation concepts, inc.

$76,400

Automation concepts, inc. was initially approved for PPP Loan of amount $76,400, the current approved amount is $76,400. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 10 jobs and $76,400 was used to fund payroll.

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

AUTOMATION CONCEPTS, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AUTOMATION CONCEPTS, INC.

Borrower Address

2 Galloping Way

Borrower City

Tinton Falls

Borrower State

NJ

Borrower Zip

07724

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76400.00

Current Approval Amount

76400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tinton Falls

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07724-0001

CD

NJ-04

Jobs Reported

10

NAICS Code

334512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76400.00

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

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77161.91

Forgiveness Date

05/26/2021

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