Automec INC

$320,525 PPP Loan in Waltham, Massachusetts

Loan Details

Loan Number
6283677700
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$320,525
Current Approval
$222,995
Forgiveness Amount
$225,983
Forgiveness Date
Sep 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Automec INC
Address
82 Calvary St
ZIP Code
02453-5918
Business Type
Corporation
Industry (NAICS)
Manufacturing (333519)
Business Age
New Business or 2 years or less
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$222,995

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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