Automated Equipment LLC

$362,031 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
1313548506
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$362,031
Current Approval
$362,031
Forgiveness Amount
$365,711
Forgiveness Date
Mar 2, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Automated Equipment LLC
Address
5140 Moundview Dr
ZIP Code
55066-1100
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.1M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$362,031

Lender Information

Servicing Lender
Reliance Bank
Originating Lender
Reliance Bank

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