PPP Loan information for Automated conveyor systems inc

$830,309

Automated conveyor systems inc was initially approved for PPP Loan of amount $830,309, the current approved amount is $830,309. The loan was approved on 04/06/2020 by The First Horizon Bank reported 76 jobs and $830,309 was used to fund payroll.

Automated conveyor systems inc is Existing or more than 2 years old

PPP Loan Search / AR / WEST MEMPHIS / Automated conveyor systems inc

AUTOMATED CONVEYOR SYSTEMS INC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

AUTOMATED CONVEYOR SYSTEMS INC

Borrower Address

3850 SOUTHLAND DR

Borrower City

WEST MEMPHIS

Borrower State

AR

Borrower Zip

72301-6304

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

830308.95

Current Approval Amount

830308.95

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST MEMPHIS

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72301-6304

CD

AR-01

Jobs Reported

76

NAICS Code

333922

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

830308.95

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

Trust

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

839971.86

Forgiveness Date

06/10/2021

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