AUTOMATED CONTROL SOLUTIONS INC (AR) - 2020 PPP Loan Borrower Profile (# 2407788503)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTOMATED CONTROL SOLUTIONS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arkansas.

Loan Detail

Loan Number

2407788503

SBA Office Code

0669

Processing Method

PPS

Curent Loan Amount

$237,765

Date Loan was Approved

Feb 20, 2021

Amount Forgiven

$238,940.62

Date Loan was Forgiven

Aug 24, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

237,763

Lender

Simmons Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541512

Borrower Location

Hot Springs, AR

Project Location

Hot Springs, AR

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.