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Automate Associates INC

$717,000 PPP Loan in Plymouth, Minnesota

Loan Details

Loan Number
4719187208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$717,000
Current Approval
$717,000
Forgiveness Amount
$728,711
Forgiveness Date
Dec 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Automate Associates INC
Address
2150 Niagara Ln N
City
Plymouth
State
Minnesota
ZIP Code
55447
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
New Business or 2 years or less
Jobs Reported
47
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$717,000

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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