PPP Loan information for Process automation and control, inc.

$368,900

Process automation and control, inc. was initially approved for PPP Loan of amount $368,900, the current approved amount is $368,900. The loan was approved on 04/27/2020 by The Metro Bank reported 15 jobs and $368,900 was used to fund payroll.

Process automation and control, inc. is Existing or more than 2 years old

PPP Loan Search / AL / PELL CITY / Process automation and control, inc.

PROCESS AUTOMATION AND CONTROL, INC.

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PROCESS AUTOMATION AND CONTROL, INC.

Borrower Address

4502 COGSWELL AVE

Borrower City

PELL CITY

Borrower State

AL

Borrower Zip

35125-2721

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368900.00

Current Approval Amount

368900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112867

Servicing Lender Name

Metro Bank

Servicing Lender Address

800 Martin St South

Servicing Lender City

PELL CITY

Servicing Lender State

AL

Servicing Lender Zip

35128-2133

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELL CITY

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35125-2721

CD

AL-03

Jobs Reported

15

NAICS Code

811219

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

368900.00

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

112867

Originating Lender

Metro Bank

Originating Lender City

PELL CITY

Originating Lender State

AL

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

372804.19

Forgiveness Date

05/21/2021

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