PPP Loan information for Load controls incorporated

$112,542

Load controls incorporated was initially approved for PPP Loan of amount $112,542, the current approved amount is $112,542. The loan was approved on 04/15/2021 by The Cornerstone Bank reported 8 jobs and $112,542 was used to fund payroll.

Load controls incorporated is Existing or more than 2 years old

PPP Loan Search / MA / Sturbridge / Load controls incorporated

LOAD CONTROLS INCORPORATED

Date Approved

04/15/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LOAD CONTROLS INCORPORATED

Borrower Address

53 Technology Park Rd

Borrower City

Sturbridge

Borrower State

MA

Borrower Zip

01566-1262

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112541.67

Current Approval Amount

112541.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sturbridge

Project County Name

WORCESTER

Project State

MA

Project Zip

01566-1262

CD

MA-01

Jobs Reported

8

NAICS Code

335314

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112541.67

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112779.26

Forgiveness Date

07/02/2021

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