# PPP loan: INDUSTRIAL CONTROLS & AUTOMATION INC.
> **$355K** approved 03/25/2021 · Paid in Full · Loan `9146188601`
## 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:** $355K
- **Initial approval:** $355K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $355K
- **Utilities:** $1
- **Jobs reported:** 21
## 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*