PPP Loan information for Automation and control concepts inc

$1,457,700

Automation and control concepts inc was initially approved for PPP Loan of amount $1,457,700, the current approved amount is $1,457,700. The loan was approved on 04/30/2020 by The First Mid Bank & Trust, National Association reported 56 jobs and $1,457,700 was used to fund payroll.

Automation and control concepts inc is Existing or more than 2 years old

AUTOMATION AND CONTROL CONCEPTS INC

Date Approved

04/30/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

AUTOMATION AND CONTROL CONCEPTS INC

Borrower Address

100 N BROADWAY

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63102-2728

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1457700.00

Current Approval Amount

1457700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS CITY

Project State

MO

Project Zip

63102-2728

CD

MO-01

Jobs Reported

56

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

182212.50

Payroll Proceed

1093275.00

Mortgage Interest Proceed

182212.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1473977.65

Forgiveness Date

06/11/2021

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