Automated Conveyor Systems, Inc.

$3,554,100 PPP Loan in Lynchburg, Virginia

Loan Details

Loan Number
9200547009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$3,554,100
Current Approval
$3,554,100
Forgiveness Amount
$3,595,170
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Automated Conveyor Systems, Inc.
Address
6 Millrace Drive
ZIP Code
24502-4342
Business Type
Corporation
Industry (NAICS)
Manufacturing (333922)
Business Age
Existing or more than 2 years old
Jobs Reported
237
Estimated Revenue
$62.1M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$3,554,100

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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