AUTOMOTIVE SYSTEMS INC (ID) - 2020 PPP Loan Borrower Profile (# 1650057702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTOMOTIVE SYSTEMS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Idaho.

Loan Detail

Loan Number

1650057702

SBA Office Code

1087

Processing Method

PPP

Curent Loan Amount

$70,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$70,647.89

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,540

Payroll Proced

56,000

Health Care Proceed

4,460

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

561499

Borrower Location

BOISE, ID

Project Location

BOISE, ID

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.