# PPP loan: AUTOMATED EQUIPMENT LLC
> **$362K** approved 02/18/2021 · Paid in Full · Loan `1313548506`
## Borrower
- **Name:** AUTOMATED EQUIPMENT LLC
- **Address:** 5140 Moundview Dr, Red Wing, MN, 55066-1100
- **NAICS:** 332999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 03/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $362K
- **Jobs reported:** 33
## Lender
- **Originating:** Reliance Bank
- **Servicing:** Reliance Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*