PPP Loan information for Advanced control technology

$105,598

Advanced control technology was initially approved for PPP Loan of amount $105,598, the current approved amount is $105,598. The loan was approved on 05/06/2020 by The Wells Fargo Bank, National Association reported 12 jobs and $105,598 was used to fund payroll.

Advanced control technology is Existing or more than 2 years old

ADVANCED CONTROL TECHNOLOGY

Date Approved

05/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADVANCED CONTROL TECHNOLOGY

Borrower Address

7050 COUNTY ROAD 101 EAST

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105598.00

Current Approval Amount

105598.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-0001

CD

MN-02

Jobs Reported

12

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105598.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106630.84

Forgiveness Date

05/04/2021

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