PPP Loan information for Automation technology inc

$191,415

Automation technology inc was initially approved for PPP Loan of amount $191,415, the current approved amount is $191,415. The loan was approved on 04/29/2020 by The Pinnacle Bank reported 16 jobs and $191,415 was used to fund payroll.

Automation technology inc is Existing or more than 2 years old

PPP Loan Search / NC / CONCORD / Automation technology inc

AUTOMATION TECHNOLOGY INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AUTOMATION TECHNOLOGY INC

Borrower Address

2770 ZION CHURCH RD

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28025

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191415.00

Current Approval Amount

191415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28025-0001

CD

NC-08

Jobs Reported

16

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

191415.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

193549.41

Forgiveness Date

06/16/2021

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