PPP Loan information for Automation controls

$212,700

Automation controls was initially approved for PPP Loan of amount $212,700, the current approved amount is $212,700. The loan was approved on 02/23/2021 by The Truist Bank reported 16 jobs and $212,700 was used to fund payroll.

Automation controls is Existing or more than 2 years old

AUTOMATION CONTROLS

Date Approved

02/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

AUTOMATION CONTROLS

Borrower Address

212 Main St

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23601-4107

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212700.00

Current Approval Amount

212700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23601-4107

CD

VA-03

Jobs Reported

16

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

212700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213580.34

Forgiveness Date

08/13/2021

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