PPP Loan information for Automated control systems inc.

$279,800

Automated control systems inc. was initially approved for PPP Loan of amount $279,800, the current approved amount is $279,800. The loan was approved on 02/06/2021 by The MidSouth Bank reported 16 jobs and $279,800 was used to fund payroll.

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

PPP Loan Search / AL / Dothan / Automated control systems inc.

AUTOMATED CONTROL SYSTEMS INC.

Date Approved

02/06/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

AUTOMATED CONTROL SYSTEMS INC.

Borrower Address

5855 Fortner St

Borrower City

Dothan

Borrower State

AL

Borrower Zip

36305-7043

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

279800.00

Current Approval Amount

279800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27

Servicing Lender Name

MidSouth Bank

Servicing Lender Address

2526 W Main St

Servicing Lender City

DOTHAN

Servicing Lender State

AL

Servicing Lender Zip

36301-1226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dothan

Project County Name

HOUSTON

Project State

AL

Project Zip

36305-7043

CD

AL-02

Jobs Reported

16

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

279798.00

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

27

Originating Lender

MidSouth Bank

Originating Lender City

DOTHAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

282108.35

Forgiveness Date

12/06/2021

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