PPP Loan information for Intec automated controls, inc.

$973,097

Intec automated controls, inc. was initially approved for PPP Loan of amount $973,097, the current approved amount is $973,097. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $973,097 was used to fund payroll.

Intec automated controls, inc. is Existing or more than 2 years old

PPP Loan Search / MI / STERLING HEIGHTS / Intec automated controls, inc.

INTEC AUTOMATED CONTROLS, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INTEC AUTOMATED CONTROLS, INC.

Borrower Address

44440 PHOENIX DR

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48314

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

973097.00

Current Approval Amount

973097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48314-0899

CD

MI-10

Jobs Reported

500

NAICS Code

335313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

750097.00

Mortgage Interest Proceed

0.00

Rent Proceed

44000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

163000.00

Debt Interest Proceed

9000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

982341.96

Forgiveness Date

04/16/2021

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