PPP Loan information for Acs technical products, inc.

$566,978

Acs technical products, inc. was initially approved for PPP Loan of amount $566,977, the current approved amount is $566,978. The loan was approved on 04/07/2020 by The Horizon Bank reported 33 jobs and $566,978 was used to fund payroll.

Acs technical products, inc. is Existing or more than 2 years old

ACS TECHNICAL PRODUCTS, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ACS TECHNICAL PRODUCTS, INC.

Borrower Address

420 SOUTH COLFAX STREET

Borrower City

GRIFFITH

Borrower State

IN

Borrower Zip

46319-3446

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566977.00

Current Approval Amount

566978.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRIFFITH

Project County Name

LAKE

Project State

IN

Project Zip

46319-3446

CD

IN-01

Jobs Reported

33

NAICS Code

325180

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

28349.00

Payroll Proceed

453581.00

Mortgage Interest Proceed

28349.00

Rent Proceed

28349.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

28350

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

571886.63

Forgiveness Date

02/25/2021

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