PPP Loan information for Control products inc.

$50,990

Control products inc. was initially approved for PPP Loan of amount $50,990, the current approved amount is $50,990. The loan was approved on 04/13/2020 by The Cadence Bank reported 7 jobs and $50,990 was used to fund payroll.

Control products inc. is Existing or more than 2 years old

CONTROL PRODUCTS INC.

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CONTROL PRODUCTS INC.

Borrower Address

11222 GREEN VALLEY DR

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654-3824

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50990.00

Current Approval Amount

50990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-3824

CD

MS-01

Jobs Reported

7

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50990.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51454.58

Forgiveness Date

03/17/2021

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