PPP Loan information for Automated controls, inc

$46,300

Automated controls, inc was initially approved for PPP Loan of amount $46,300, the current approved amount is $46,300. The loan was approved on 04/10/2020 by The Johnson Bank reported 6 jobs and $46,300 was used to fund payroll.

Automated controls, inc is Existing or more than 2 years old

AUTOMATED CONTROLS, INC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

AUTOMATED CONTROLS, INC

Borrower Address

6813 29TH AVE

Borrower City

KENOSHA

Borrower State

WI

Borrower Zip

53143-4623

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46300.00

Current Approval Amount

46300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KENOSHA

Project County Name

KENOSHA

Project State

WI

Project Zip

53143-4623

CD

WI-01

Jobs Reported

6

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11575.00

Payroll Proceed

34725.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46598.10

Forgiveness Date

12/14/2020

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