# PPP loan: AUTOMATED CONTROL SYSTEMS INC
> **$298K** approved 03/03/2021 · Paid in Full · Loan `6222388503`
## Borrower
- **Name:** AUTOMATED CONTROL SYSTEMS INC
- **Address:** 1005 W Harimaw Ct Ste 200, Metairie, LA, 70001-6272
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $298K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*