# PPP loan: AUTOMATION PRECISION TECHNOLOGY LLC
> **$387K** approved 05/19/2020 · Paid in Full · Loan `9014247401`
## Borrower
- **Name:** AUTOMATION PRECISION TECHNOLOGY LLC
- **Address:** 2511 Walmer Ave Suite A, NORFOLK, VA, 23513-2604
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $412K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $387K
- **Jobs reported:** 32
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*