PPP Loan information for Update automation, inc

$332,951

Update automation, inc was initially approved for PPP Loan of amount $332,951, the current approved amount is $332,951. The loan was approved on 04/13/2020 by The Parkside Financial Bank & Trust reported 24 jobs and $332,951 was used to fund payroll.

Update automation, inc is Existing or more than 2 years old

UPDATE AUTOMATION, INC

Date Approved

04/13/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

UPDATE AUTOMATION, INC

Borrower Address

10545 Baur Blvd

Borrower City

St. Louis

Borrower State

MO

Borrower Zip

63132

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332951.17

Current Approval Amount

332951.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455559

Servicing Lender Name

Parkside Financial Bank & Trust

Servicing Lender Address

8112 Maryland Ave, Ste 101

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3700

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

St. Louis

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63132-0091

CD

MO-01

Jobs Reported

24

NAICS Code

334111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

332951.17

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

Subchapter S Corporation

Originating Lender Location Id

455559

Originating Lender

Parkside Financial Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

335021.85

Forgiveness Date

12/04/2020

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