PPP Loan information for Controlled power company inc

$1,289,300

Controlled power company inc was initially approved for PPP Loan of amount $1,289,300, the current approved amount is $1,289,300. The loan was approved on 04/28/2020 by The Comerica Bank reported 100 jobs and $1,289,300 was used to fund payroll.

Controlled power company inc is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Controlled power company inc

CONTROLLED POWER COMPANY INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CONTROLLED POWER COMPANY INC

Borrower Address

1955 Stephenson Hwy

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1289300.00

Current Approval Amount

1289300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-0899

CD

MI-11

Jobs Reported

100

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1289300.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1302766.02

Forgiveness Date

05/19/2021

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