PPP Loan information for Automation controls & engineering, llc

$469,554

Automation controls & engineering, llc was initially approved for PPP Loan of amount $469,554, the current approved amount is $469,554. The loan was approved on 04/13/2020 by The Chelsea State Bank reported 23 jobs and $469,554 was used to fund payroll.

Automation controls & engineering, llc is Existing or more than 2 years old

PPP Loan Search / MI / SOUTH LYON / Automation controls & engineering, llc

AUTOMATION CONTROLS & ENGINEERING, LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUTOMATION CONTROLS & ENGINEERING, LLC

Borrower Address

23781 POINT O WOODS CT

Borrower City

SOUTH LYON

Borrower State

MI

Borrower Zip

48178-9069

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

469554.12

Current Approval Amount

469554.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH LYON

Project County Name

OAKLAND

Project State

MI

Project Zip

48178-9069

CD

MI-07

Jobs Reported

23

NAICS Code

334413

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

375643.30

Mortgage Interest Proceed

0.00

Rent Proceed

88910.82

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

472114.15

Forgiveness Date

11/03/2020

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