PPP Loan information for Automation solutions, inc.

$435,500

Automation solutions, inc. was initially approved for PPP Loan of amount $435,500, the current approved amount is $435,500. The loan was approved on 04/09/2020 by The Cadence Bank reported 35 jobs and $435,500 was used to fund payroll.

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

AUTOMATION SOLUTIONS, INC.

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AUTOMATION SOLUTIONS, INC.

Borrower Address

25 W PARK CIR

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35211-4474

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435500.00

Current Approval Amount

435500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

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

35

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

435500.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

438971.90

Forgiveness Date

02/19/2021

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