Automated Conveyor Systems INC

$830,309 PPP Loan in West Memphis, Arkansas

Loan Details

Loan Number
6222677010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$830,309
Current Approval
$830,309
Forgiveness Amount
$839,972
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Automated Conveyor Systems INC
Address
3850 Southland Dr
ZIP Code
72301-6304
Business Type
Trust
Industry (NAICS)
Manufacturing (333922)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$19.9M
Rural/Urban
Urban
Congressional District
AR-01

Loan Use Breakdown

Payroll
$830,309

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
Iberiabank, a Division of First Horizon Bank

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