Automatic Controls Equipment Systems, Inc.

$414,900 PPP Loan in Fenton, Missouri

Loan Details

Loan Number
9288347001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$414,900
Current Approval
$414,900
Forgiveness Amount
$417,286
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Automatic Controls Equipment Systems, Inc.
Address
1585 Fencorp Dr
City
Fenton
ZIP Code
63026-2942
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.7M
Rural/Urban
Urban
Congressional District
MO-02

Loan Use Breakdown

Payroll
$311,175
Rent
$51,900
Utilities
$51,825

Lender Information

Servicing Lender
Montgomery Bank
Originating Lender
Montgomery Bank

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