AUTOMATIC CONTROLS EQUIPMENT SYSTEMS, INC. (MO) - 2020 PPP Loan Borrower Profile (# 9288347001)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AUTOMATIC CONTROLS EQUIPMENT SYSTEMS, 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 Missouri.
Loan Detail
Loan Number
9288347001
SBA Office Code
0768
Processing Method
PPP
Curent Loan Amount
$414,900
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$417,285.67
Date Loan was Forgiven
Nov 12, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
51,825
Payroll Proced
311,175
Rent Proceed
51,900
Lender
Montgomery Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
423610
Borrower Location
FENTON, MO
Project Location
FENTON, MO
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
25
Business Age Description
Existing or more than 2 years old
Data Source: SBA.