Automated Industrial Technologies, Inc.
$493,730 PPP Loan in Forest, Virginia
Loan Details
- Loan Number
- 6391927003
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $493,730
- Current Approval
- $493,730
- Forgiveness Amount
- $500,533
- Forgiveness Date
- Sep 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Automated Industrial Technologies, Inc.
- Address
- 1067 Winewood Road
- City
- Forest
- State
- Virginia
- ZIP Code
- 24551-2092
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333515)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 36
- Estimated Revenue
- $9.4M
- Rural/Urban
- Rural
- Congressional District
- VA-05
Loan Use Breakdown
- Payroll
- $424,984
- Rent
- $45,000
- Utilities
- $15,000
- Debt Interest
- $8,746
Lender Information
- Servicing Lender
- First National Bank
- Originating Lender
- First National Bank
Other PPP Loans in Forest, VA
| Business | Approved | |
|---|---|---|
| Sentry Equipment Erectors Inc. | $3,765,400 |  AI Deep Dive |
| Mail America Communications INC | $3,648,492 | AI Deep Dive |
| Central Virginia Family Physicians INC | $2,405,900 | AI Deep Dive |
| Sentry Equipment Erectors Inc. | $2,000,000 | AI Deep Dive |
| Runk & Pratt Health Care Enterprises, Inc. | $1,857,500 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free