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Automation INC

$52,400 PPP Loan in Newport, Delaware

Loan Details

Loan Number
9223767106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$52,400
Current Approval
$52,400
Forgiveness Amount
$52,755
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Automation INC
Address
408 Harvey Drive
City
Newport
State
Delaware
ZIP Code
19804
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$49,200
Rent
$2,000
Utilities
$1,200

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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