# PPP loan: AUTOMATIC MANUFACTURING SYSTEMS INC.
> **$388K** approved 03/31/2021 · Paid in Full · Loan `3557388708`
## Borrower
- **Name:** AUTOMATIC MANUFACTURING SYSTEMS INC.
- **Address:** 1800 NW 69th Ave, Plantation, FL, 33313-4583
- **NAICS:** 333519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $388K
- **Jobs reported:** 31
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*