PPP Loan information for Advanced systems and controls, inc.

$632,435

Advanced systems and controls, inc. was initially approved for PPP Loan of amount $632,435, the current approved amount is $632,435. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 33 jobs and $632,435 was used to fund payroll.

Advanced systems and controls, inc. is Existing or more than 2 years old

ADVANCED SYSTEMS AND CONTROLS, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCED SYSTEMS AND CONTROLS, INC.

Borrower Address

15773 LEONE DR

Borrower City

MACOMB

Borrower State

MI

Borrower Zip

48042

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

632435.00

Current Approval Amount

632435.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACOMB

Project County Name

MACOMB

Project State

MI

Project Zip

48042-0001

CD

MI-09

Jobs Reported

33

NAICS Code

333249

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50435.00

Debt Interest Proceed

36000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

638426.27

Forgiveness Date

03/31/2021

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