PPP Loan information for Force automation

$15,600

Force automation was initially approved for PPP Loan of amount $15,600, the current approved amount is $15,600. The loan was approved on 04/30/2020 by The Truist Bank reported 1 jobs and $15,600 was used to fund payroll.

Force automation is New Business or 2 years or less

FORCE AUTOMATION

Date Approved

04/30/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FORCE AUTOMATION

Borrower Address

29 Branhams Court

Borrower City

Prestonsburg

Borrower State

KY

Borrower Zip

41653

Loan Status Date

07/13/2020

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

15600.00

Current Approval Amount

15600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Prestonsburg

Project County Name

FLOYD

Project State

KY

Project Zip

41653-0001

CD

KY-05

Jobs Reported

1

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;