PPP Loan information for Automated control systems inc.

$361,842

Automated control systems inc. was initially approved for PPP Loan of amount $361,842, the current approved amount is $361,842. The loan was approved on 02/02/2021 by The County National Bank reported 25 jobs and $361,842 was used to fund payroll.

Automated control systems inc. is Existing or more than 2 years old

AUTOMATED CONTROL SYSTEMS INC.

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AUTOMATED CONTROL SYSTEMS INC.

Borrower Address

25168 Seeley Rd

Borrower City

Novi

Borrower State

MI

Borrower Zip

48375-2044

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

361842.00

Current Approval Amount

361842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Novi

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-2044

CD

MI-06

Jobs Reported

25

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

361842.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

363952.74

Forgiveness Date

09/07/2021

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