# PPP loan: APPLIED INDUSTRIAL CONTROLS, INC
> **$271K** approved 04/14/2020 · Paid in Full · Loan `7980757101`
## Borrower
- **Name:** APPLIED INDUSTRIAL CONTROLS, INC
- **Address:** 1860 LEE CT, BUFORD, GA, 30518-6094
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 17
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*