Automation Controls & Engineering, LLC

$469,554 PPP Loan in South Lyon, Michigan

Loan Details

Loan Number
4287487101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$469,554
Current Approval
$469,554
Forgiveness Amount
$472,114
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Automation Controls & Engineering, LLC
Address
23781 Point O Woods Ct
ZIP Code
48178-9069
Business Type
Partnership
Industry (NAICS)
Manufacturing (334413)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$375,643
Rent
$88,911
Utilities
$5,000

Lender Information

Servicing Lender
Chelsea State Bank
Originating Lender
Chelsea State Bank

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