PPP Loan information for Automated control systems inc

$298,190

Automated control systems inc was initially approved for PPP Loan of amount $298,190, the current approved amount is $298,190. The loan was approved on 03/03/2021 by The First Horizon Bank reported 20 jobs and $298,190 was used to fund payroll.

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

AUTOMATED CONTROL SYSTEMS INC

Date Approved

03/03/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

AUTOMATED CONTROL SYSTEMS INC

Borrower Address

1005 W Harimaw Ct Ste 200

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70001-6272

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

298190.00

Current Approval Amount

298190.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metairie

Project County Name

JEFFERSON

Project State

LA

Project Zip

70001-6272

CD

LA-02

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

298188.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

299846.61

Forgiveness Date

09/29/2021

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