Automated Equipment LLC

$756,800 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
6738317008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$756,800
Current Approval
$756,800
Forgiveness Amount
$765,218
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First 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 (333318)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$11.0M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$756,800

Lender Information

Servicing Lender
Reliance Bank
Originating Lender
Reliance Bank

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