Production Automation INC

$677,037 PPP Loan in Montgomery, Alabama

Loan Details

Loan Number
7503347006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$677,037
Current Approval
$677,037
Forgiveness Amount
$682,583
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Production Automation INC
Address
2075 Exchange St
State
Alabama
ZIP Code
36116-4101
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$677,037

Lender Information

Servicing Lender
Synovus Bank
Originating Lender
Synovus Bank

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