AMERICAN CONTROLS TECHNOLOGY, INC. (MS) - 2020 PPP Loan Borrower Profile (# 3585387404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN CONTROLS TECHNOLOGY, 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 Mississippi.

Loan Detail

Loan Number

3585387404

SBA Office Code

0470

Processing Method

PPP

Curent Loan Amount

$199,200

Date Loan was Approved

May 7, 2020

Amount Forgiven

$200,296.96

Date Loan was Forgiven

Nov 27, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

17,700

Payroll Proced

170,600

Health Care Proceed

10,900

Lender

Community Bank of Mississippi

Business Detail

Business Type

Corporation

NAICS

425120

Borrower Location

AMORY, MS

Project Location

AMORY, MS

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.