PPP Loan information for The automation group inc

$372,900

The automation group inc was initially approved for PPP Loan of amount $372,900, the current approved amount is $372,900. The loan was approved on 04/27/2020 by The Summit Bank reported 26 jobs and $372,900 was used to fund payroll.

The automation group inc is Existing or more than 2 years old

THE AUTOMATION GROUP INC

Date Approved

04/27/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

THE AUTOMATION GROUP INC

Borrower Address

4678 ISABELLE ST

Borrower City

EUGENE

Borrower State

OR

Borrower Zip

97402-9765

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372900.00

Current Approval Amount

372900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368537

Servicing Lender Name

Summit Bank

Servicing Lender Address

96 E Broadway

Servicing Lender City

EUGENE

Servicing Lender State

OR

Servicing Lender Zip

97401-3135

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EUGENE

Project County Name

LANE

Project State

OR

Project Zip

97402-9765

CD

OR-04

Jobs Reported

26

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

372900.00

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

368537

Originating Lender

Summit Bank

Originating Lender City

EUGENE

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

374759.39

Forgiveness Date

11/05/2020

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