# PPP loan: AUTOMATED DYNAMICS INC.
> **$501K** approved 02/11/2021 · Paid in Full · Loan `7188748406`
## Borrower
- **Name:** AUTOMATED DYNAMICS INC.
- **Address:** 10320 Lake Rd Ste 103, Houston, TX, 77070-1897
- **NAICS:** 425120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $503K (100%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $501K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** VeraBank, National Association
- **Servicing:** VeraBank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*