PPP Loan information for Controltech corporation

$160,540

Controltech corporation was initially approved for PPP Loan of amount $160,540, the current approved amount is $160,540. The loan was approved on 02/18/2021 by The Community State Bank reported 12 jobs and $160,540 was used to fund payroll.

Controltech corporation is Existing or more than 2 years old

CONTROLTECH CORPORATION

Date Approved

02/18/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

CONTROLTECH CORPORATION

Borrower Address

501 Washington Ave SE

Borrower City

Bondurant

Borrower State

IA

Borrower Zip

50035-2123

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160540.00

Current Approval Amount

160540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24553

Servicing Lender Name

Community State Bank

Servicing Lender Address

817 N Ankeny Blvd

Servicing Lender City

ANKENY

Servicing Lender State

IA

Servicing Lender Zip

50023-1768

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bondurant

Project County Name

POLK

Project State

IA

Project Zip

50035-2123

CD

IA-03

Jobs Reported

12

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

160535.00

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

24553

Originating Lender

Community State Bank

Originating Lender City

ANKENY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161931.35

Forgiveness Date

01/19/2022

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