AUTOMATIC EQUIPMENT MANUFACTURING CO. (NE) - 2020 PPP Loan Borrower Profile (# 4828268410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTOMATIC EQUIPMENT MANUFACTURING CO.. 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 Nebraska.

Loan Detail

Loan Number

4828268410

SBA Office Code

0766

Processing Method

PPS

Curent Loan Amount

$1,679,615

Date Loan was Approved

Feb 7, 2021

Amount Forgiven

$1,690,019.28

Date Loan was Forgiven

Sep 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,679,609

Lender

BMO Bank National Association

Business Detail

Business Type

Corporation

NAICS

336390

Borrower Location

Pender, NE

Project Location

Pender, NE

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

115

Business Age Description

Existing or more than 2 years old

Data Source: SBA.