PPP Loan information for Advanced control corporation inc

$704,500

Advanced control corporation inc was initially approved for PPP Loan of amount $704,500, the current approved amount is $704,500. The loan was approved on 04/10/2020 by The Truist Bank reported 43 jobs and $704,500 was used to fund payroll.

Advanced control corporation inc is Existing or more than 2 years old

ADVANCED CONTROL CORPORATION INC

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ADVANCED CONTROL CORPORATION INC

Borrower Address

6001 NE 14TH AVE

Borrower City

FORT LAUDERDALE

Borrower State

FL

Borrower Zip

33334-5007

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

704500.00

Current Approval Amount

704500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT LAUDERDALE

Project County Name

BROWARD

Project State

FL

Project Zip

33334-5007

CD

FL-23

Jobs Reported

43

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

704500.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

708570.44

Forgiveness Date

11/17/2020

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