PPP Loan information for Automated motion, inc

$246,705

Automated motion, inc was initially approved for PPP Loan of amount $246,705, the current approved amount is $246,705. The loan was approved on 04/09/2020 by The Truist Bank reported 16 jobs and $246,705 was used to fund payroll.

Automated motion, inc is Existing or more than 2 years old

PPP Loan Search / MD / BELCAMP / Automated motion, inc

AUTOMATED MOTION, INC

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AUTOMATED MOTION, INC

Borrower Address

1207 A Belmar Drive

Borrower City

BELCAMP

Borrower State

MD

Borrower Zip

21017-1206

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246704.70

Current Approval Amount

246704.70

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELCAMP

Project County Name

HARFORD

Project State

MD

Project Zip

21017-1206

CD

MD-01

Jobs Reported

16

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

246704.70

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

249747.39

Forgiveness Date

07/09/2021

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