PPP Loan information for Control systems, inc.

$159,600

Control systems, inc. was initially approved for PPP Loan of amount $159,600, the current approved amount is $159,600. The loan was approved on 05/01/2020 by The Regions Bank reported 15 jobs and $159,600 was used to fund payroll.

Control systems, inc. is Existing or more than 2 years old

PPP Loan Search / AL / Montevallo / Control systems, inc.

CONTROL SYSTEMS, INC.

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CONTROL SYSTEMS, INC.

Borrower Address

391 Industrial Park,

Borrower City

Montevallo

Borrower State

AL

Borrower Zip

35115

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159600.00

Current Approval Amount

159600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montevallo

Project County Name

SHELBY

Project State

AL

Project Zip

35115-0001

CD

AL-06

Jobs Reported

15

NAICS Code

334519

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159600.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160610.07

Forgiveness Date

12/28/2020

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