PPP Loan information for Automation electric controls inc

$147,500

Automation electric controls inc was initially approved for PPP Loan of amount $147,500, the current approved amount is $147,500. The loan was approved on 03/23/2021 by The JPMorgan Chase Bank, National Association reported 11 jobs and $147,500 was used to fund payroll.

Automation electric controls inc is Existing or more than 2 years old

AUTOMATION ELECTRIC CONTROLS INC

Date Approved

03/23/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUTOMATION ELECTRIC CONTROLS INC

Borrower Address

20759 Osmus St

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48336-5232

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147500.00

Current Approval Amount

147500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-5232

CD

MI-11

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

147495.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148351.24

Forgiveness Date

10/25/2021

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