ADVANCED MACHINING & AUTOMATION, INC (MO) - 2020 PPP Loan Borrower Profile (# 3035767308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED MACHINING & AUTOMATION, 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 Missouri.

Loan Detail

Loan Number

3035767308

SBA Office Code

0768

Processing Method

PPP

Curent Loan Amount

$124,495

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$125,165.89

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

124,495

Lender

Exchange Bank of Northeast Missouri

Business Detail

Business Type

Corporation

NAICS

332312

Borrower Location

LANCASTER, MO

Project Location

LANCASTER, MO

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.