PPP Loan information for Automation & control inc

$467,500

Automation & control inc was initially approved for PPP Loan of amount $467,500, the current approved amount is $467,500. The loan was approved on 04/10/2020 by The Fulton Bank, National Association reported 32 jobs and $467,500 was used to fund payroll.

Automation & control inc is Existing or more than 2 years old

PPP Loan Search / NJ / Moorestown / Automation & control inc

AUTOMATION & CONTROL INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AUTOMATION & CONTROL INC

Borrower Address

1491 Lancer Dr

Borrower City

Moorestown

Borrower State

NJ

Borrower Zip

08057-4207

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

467500.00

Current Approval Amount

467500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moorestown

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08057-4207

CD

NJ-03

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

58437.50

Payroll Proceed

350625.00

Mortgage Interest Proceed

0.00

Rent Proceed

58437.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

471123.12

Forgiveness Date

01/25/2021

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