PPP Loan information for Industrial controls & automation, inc.

$300,000

Industrial controls & automation, inc. was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/10/2020 by The Jackson County Bank reported 25 jobs and $300,000 was used to fund payroll.

Industrial controls & automation, inc. is Existing or more than 2 years old

INDUSTRIAL CONTROLS & AUTOMATION, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INDUSTRIAL CONTROLS & AUTOMATION, INC.

Borrower Address

3090 R J PKWY

Borrower City

FRANKLIN

Borrower State

IN

Borrower Zip

46131-9717

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24181

Servicing Lender Name

Jackson County Bank

Servicing Lender Address

125 S Chestnut St

Servicing Lender City

SEYMOUR

Servicing Lender State

IN

Servicing Lender Zip

47274-2301

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-9717

CD

IN-06

Jobs Reported

25

NAICS Code

335313

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

24181

Originating Lender

Jackson County Bank

Originating Lender City

SEYMOUR

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302308.33

Forgiveness Date

01/20/2021

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