Automated Control Systems, Inc.
$297,945 PPP Loan in Brighton, Michigan
Loan Details
- Loan Number
- 1125537107
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $297,945
- Current Approval
- $297,945
- Forgiveness Amount
- $299,908
- Forgiveness Date
- Dec 14, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Automated Control Systems, Inc.
- Address
- 2648 Cades Cv
- City
- Brighton
- State
- Michigan
- ZIP Code
- 48114
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (335314)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.8M
- Rural/Urban
- Rural
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $226,117
- Rent
- $28,600
- Utilities
- $6,100
- Health Care
- $31,328
- Debt Interest
- $5,800
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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|---|---|---|
| Sundance INC | $10,000,000 | |
| Bwi Chassis Dynamics (na), INC | $3,393,480 | |
| Work Skills Corporation | $2,411,900 | |
| Am Comm Telecommunications, Incorporated DBA Directional Bor | $2,324,037 | |
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