# PPP loan: AUTOMATED ASSEMBLY CORPORATION
> **$262K** approved 05/21/2020 · Paid in Full · Loan `1474787807`
## Borrower
- **Name:** AUTOMATED ASSEMBLY CORPORATION
- **Address:** 20777 KENSINGTON BLVD, LAKEVILLE, MN, 55044-8051
- **NAICS:** 334111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 21
## Lender
- **Originating:** Lake Central Bank
- **Servicing:** Lake Central Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*