PPP Loan information for Automation solutions inc.

$442,454

Automation solutions inc. was initially approved for PPP Loan of amount $442,454, the current approved amount is $442,454. The loan was approved on 02/22/2021 by The Customers Bank reported 28 jobs and $442,454 was used to fund payroll.

Automation solutions inc. is Existing or more than 2 years old

AUTOMATION SOLUTIONS INC.

Date Approved

02/22/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

AUTOMATION SOLUTIONS INC.

Borrower Address

25 W Park Cir N/A

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35211-4474

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

442454.00

Current Approval Amount

442454.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35211-4474

CD

AL-07

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

442452.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

447981.64

Forgiveness Date

06/03/2022

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