Automated Process Equipment Corporation

$821,200 PPP Loan in Lake Odessa, Michigan

Loan Details

Loan Number
5574847001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$821,200
Current Approval
$821,200
Forgiveness Amount
$826,150
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Automated Process Equipment Corporation
Address
1201 4th Ave
ZIP Code
48849-1301
Business Type
Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$13.4M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$708,000
Health Care
$113,200

Lender Information

Servicing Lender
Union Bank
Originating Lender
Union Bank

Other PPP Loans in Lake Odessa, MI

BusinessApproved
Automated Process Equipment Corporation$821,245NewBizBotAI Deep Dive
Dixon Engineering, Inc.$741,100NewBizBotAI Deep Dive
Carbon Green Bioenergy LLC$660,200NewBizBotAI Deep Dive
Jerry's Tire & Auto Service INC$470,700NewBizBotAI Deep Dive
Lapienski Package Services INC$315,900NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free