PPP Loan information for Control systems inc

$343,830

Control systems inc was initially approved for PPP Loan of amount $343,830, the current approved amount is $343,830. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 28 jobs and $343,830 was used to fund payroll.

Control systems inc is New Business or 2 years or less

CONTROL SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CONTROL SYSTEMS INC

Borrower Address

20 HURLBUT ST STE 201

Borrower City

WEST HARTFORD

Borrower State

CT

Borrower Zip

06110-1952

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343830.00

Current Approval Amount

343830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WEST HARTFORD

Project County Name

HARTFORD

Project State

CT

Project Zip

06110-1952

CD

CT-01

Jobs Reported

28

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

343830.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

350141.40

Forgiveness Date

03/10/2022

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