Advanced Systems and Controls, Inc.

$632,435 PPP Loan in Macomb, Michigan

Loan Details

Loan Number
1894697201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$632,435
Current Approval
$632,435
Forgiveness Amount
$638,426
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Systems and Controls, Inc.
Address
15773 Leone Dr
City
Macomb
ZIP Code
48042
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$500,000
Rent
$26,000
Utilities
$20,000
Health Care
$50,435
Debt Interest
$36,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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