PPP Loan information for Control panels usa inc

$938,400

Control panels usa inc was initially approved for PPP Loan of amount $938,400, the current approved amount is $938,400. The loan was approved on 04/08/2020 by The First Texas Bank reported 80 jobs and $938,400 was used to fund payroll.

Control panels usa inc is Existing or more than 2 years old

CONTROL PANELS USA INC

Date Approved

04/08/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

CONTROL PANELS USA INC

Borrower Address

16310 Bratton Lane Bldg 1 Ste 100

Borrower City

AUSTIN

Borrower State

TX

Borrower Zip

78728

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

938400.00

Current Approval Amount

938400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70023

Servicing Lender Name

First Texas Bank

Servicing Lender Address

900 S Austin Ave

Servicing Lender City

GEORGETOWN

Servicing Lender State

TX

Servicing Lender Zip

78626-5822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

TRAVIS

Project State

TX

Project Zip

78728-0001

CD

TX-17

Jobs Reported

80

NAICS Code

335313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4600.00

Payroll Proceed

703800.00

Mortgage Interest Proceed

50000.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

130000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

70023

Originating Lender

First Texas Bank

Originating Lender City

GEORGETOWN

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

943747.59

Forgiveness Date

11/12/2020

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