Applied Control Engineering, Inc.

$2,285,712 PPP Loan in Newark, Delaware

Loan Details

Loan Number
5839397102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,285,712
Current Approval
$2,285,713
Forgiveness Amount
$2,315,208
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Applied Control Engineering, Inc.
Address
700 Creek View Road
City
Newark
ZIP Code
19711-8544
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541512)
Business Age
Unanswered
Jobs Reported
139
Estimated Revenue
$28.7M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$2,002,541
Rent
$128,536
Utilities
$14,636
Health Care
$140,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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