ADVANCED SYSTEMS AND CONTROLS INC. (MI) - 2020 PPP Loan Borrower Profile (# 2423378705)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED SYSTEMS AND CONTROLS 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 Michigan.

Loan Detail

Loan Number

2423378705

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$641,075

Date Loan was Approved

Mar 29, 2021

Amount Forgiven

$646,467.51

Date Loan was Forgiven

Feb 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

641,070

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

333249

Borrower Location

Macomb, MI

Project Location

Macomb, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.