Intec Automated Controls, Inc.
$973,097 PPP Loan in Sterling Heights, Michigan
Loan Details
- Loan Number
- 2836477702
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $973,097
- Current Approval
- $973,097
- Forgiveness Amount
- $982,342
- Forgiveness Date
- Apr 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Intec Automated Controls, Inc.
- Address
- 44440 Phoenix Dr
- City
- Sterling Heights
- State
- Michigan
- ZIP Code
- 48314
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (335313)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $130.9M
- Rural/Urban
- Urban
- Congressional District
- MI-10
Loan Use Breakdown
- Payroll
- $750,097
- Rent
- $44,000
- Utilities
- $7,000
- Health Care
- $163,000
- Debt Interest
- $9,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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