PPP Loan information for Automated controls & electrical supply llc

$125,000

Automated controls & electrical supply llc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/27/2020 by The Wayne Bank and Trust Co. reported 12 jobs and $125,000 was used to fund payroll.

Automated controls & electrical supply llc is Existing or more than 2 years old

AUTOMATED CONTROLS & ELECTRICAL SUPPLY LLC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AUTOMATED CONTROLS & ELECTRICAL SUPPLY LLC

Borrower Address

1693 Williamsburg Pike

Borrower City

RICHMOND

Borrower State

IN

Borrower Zip

47374-1460

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22992

Servicing Lender Name

Wayne Bank and Trust Co.

Servicing Lender Address

145 W Main St

Servicing Lender City

CAMBRIDGE CITY

Servicing Lender State

IN

Servicing Lender Zip

47327-1119

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

WAYNE

Project State

IN

Project Zip

47374-1460

CD

IN-06

Jobs Reported

12

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

22992

Originating Lender

Wayne Bank and Trust Co.

Originating Lender City

CAMBRIDGE CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

126328.77

Forgiveness Date

06/01/2021

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