# PPP loan: AUTOMATION &  MODULAR COMPONEN
> **$1.39M** approved 01/25/2021 · Paid in Full · Loan `5100768300`
## Borrower
- **Name:** AUTOMATION &  MODULAR COMPONEN
- **Address:** 10301 Enterprise Dr, Davisburg, MI, 48350-1312
- **NAICS:** 333922
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.40M (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.39M
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*