PPP Loan information for Control technology inc

$678,800

Control technology inc was initially approved for PPP Loan of amount $678,800, the current approved amount is $678,800. The loan was approved on 04/09/2020 by The Truist Bank reported 51 jobs and $678,800 was used to fund payroll.

Control technology inc is Existing or more than 2 years old

CONTROL TECHNOLOGY INC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CONTROL TECHNOLOGY INC

Borrower Address

5734 Middlebrook Pike

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37921-5914

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

678800.00

Current Approval Amount

678800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37921-5914

CD

TN-02

Jobs Reported

51

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

678800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

682703.10

Forgiveness Date

11/12/2020

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