PPP Loan information for Automation & control systems, inc.

$215,261

Automation & control systems, inc. was initially approved for PPP Loan of amount $215,261, the current approved amount is $215,261. The loan was approved on 04/09/2020 by The Citizens Bank of Americus reported 8 jobs and $215,261 was used to fund payroll.

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

AUTOMATION & CONTROL SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AUTOMATION & CONTROL SYSTEMS, INC.

Borrower Address

426 SOUTHERFIELD RD

Borrower City

AMERICUS

Borrower State

GA

Borrower Zip

31719-8018

Loan Status Date

05/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215261.30

Current Approval Amount

215261.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17819

Servicing Lender Name

Citizens Bank of Americus

Servicing Lender Address

119 N Lee St

Servicing Lender City

AMERICUS

Servicing Lender State

GA

Servicing Lender Zip

31709-3503

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMERICUS

Project County Name

SUMTER

Project State

GA

Project Zip

31719-8018

CD

GA-02

Jobs Reported

8

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

172209.02

Mortgage Interest Proceed

1052.28

Rent Proceed

35000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

17819

Originating Lender

Citizens Bank of Americus

Originating Lender City

AMERICUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95217.12

Forgiveness Date

06/11/2021

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