# PPP loan: AUTOMATION & CONTROL SYSTEMS, INC.
> **$215K** approved 04/09/2020 · Paid in Full · Loan `9622047001`
## Borrower
- **Name:** AUTOMATION & CONTROL SYSTEMS, INC.
- **Address:** 426 SOUTHERFIELD RD, AMERICUS, GA, 31719-8018
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $95K (44%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $35K
- **Mortgage interest:** $1K
- **Utilities:** $7K
- **Jobs reported:** 8
## Lender
- **Originating:** Citizens Bank of Americus
- **Servicing:** Citizens Bank of Americus (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*