PPP Loan information for Process automation & control inc

$368,931

Process automation & control inc was initially approved for PPP Loan of amount $368,931, the current approved amount is $368,931. The loan was approved on 03/24/2021 by The Metro Bank reported 16 jobs and $368,931 was used to fund payroll.

Process automation & control inc is Existing or more than 2 years old

PPP Loan Search / AL / Pell City / Process automation & control inc

PROCESS AUTOMATION & CONTROL INC

Date Approved

03/24/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

PROCESS AUTOMATION & CONTROL INC

Borrower Address

4502 Cogswell Ave Ste 2

Borrower City

Pell City

Borrower State

AL

Borrower Zip

35125-2722

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

368931.46

Current Approval Amount

368931.46

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

35125-2722

CD

AL-03

Jobs Reported

16

NAICS Code

541420

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

368929.46

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

371298.77

Forgiveness Date

11/16/2021

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