PPP Loan information for Automation controls inc

$205,040

Automation controls inc was initially approved for PPP Loan of amount $205,040, the current approved amount is $205,040. The loan was approved on 05/06/2020 by The Truist Bank reported 16 jobs and $205,040 was used to fund payroll.

Automation controls inc is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Automation controls inc

AUTOMATION CONTROLS INC

Date Approved

05/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AUTOMATION CONTROLS INC

Borrower Address

212 MAIN ST

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23601-4107

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205040.00

Current Approval Amount

205040.00

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

205040.00

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

206435.41

Forgiveness Date

01/14/2021

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