# PPP loan: AUTOMATIC EQUIPMENT MANUFACTURING CO.
> **$1.68M** approved 02/07/2021 · Paid in Full · Loan `4828268410`
## Borrower
- **Name:** AUTOMATIC EQUIPMENT MANUFACTURING CO.
- **Address:** 1 Mill Rd, Pender, NE, 68047-5078
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.68M
- **Initial approval:** $1.68M
- **Forgiven:** $1.69M (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.68M
- **Utilities:** $1
- **Jobs reported:** 115
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*