PPP Loan information for Automated control systems, inc

$304,400

Automated control systems, inc was initially approved for PPP Loan of amount $304,400, the current approved amount is $304,400. The loan was approved on 04/14/2020 by The First Horizon Bank reported 20 jobs and $304,400 was used to fund payroll.

Automated control systems, inc is Existing or more than 2 years old

PPP Loan Search / LA / METAIRIE / Automated control systems, inc

AUTOMATED CONTROL SYSTEMS, INC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

AUTOMATED CONTROL SYSTEMS, INC

Borrower Address

PO BOX 9566

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70055

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304400.00

Current Approval Amount

304400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70055-5001

CD

LA-01

Jobs Reported

20

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

304400.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

307849.87

Forgiveness Date

06/04/2021

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