PPP Loan information for Automatic controls equipment systems, inc.

$414,900

Automatic controls equipment systems, inc. was initially approved for PPP Loan of amount $414,900, the current approved amount is $414,900. The loan was approved on 04/09/2020 by The Montgomery Bank reported 25 jobs and $414,900 was used to fund payroll.

Automatic controls equipment systems, inc. is Existing or more than 2 years old

PPP Loan Search / MO / FENTON / Automatic controls equipment systems, inc.

AUTOMATIC CONTROLS EQUIPMENT SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

AUTOMATIC CONTROLS EQUIPMENT SYSTEMS, INC.

Borrower Address

1585 FENCORP DR

Borrower City

FENTON

Borrower State

MO

Borrower Zip

63026-2942

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414900.00

Current Approval Amount

414900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63026-2942

CD

MO-02

Jobs Reported

25

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51825.00

Payroll Proceed

311175.00

Mortgage Interest Proceed

0.00

Rent Proceed

51900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

417285.67

Forgiveness Date

11/12/2020

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