# PPP loan: INDUSTRIAL CONTROLS & AUTOMATION, INC.
> **$300K** approved 04/10/2020 · Paid in Full · Loan `2121987110`
## Borrower
- **Name:** INDUSTRIAL CONTROLS & AUTOMATION, INC.
- **Address:** 3090 R J PKWY, FRANKLIN, IN, 46131-9717
- **NAICS:** 335313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 25
## Lender
- **Originating:** Jackson County Bank
- **Servicing:** Jackson County Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*