PPP Loan information for Burton controls inc

$708,500

Burton controls inc was initially approved for PPP Loan of amount $708,500, the current approved amount is $708,500. The loan was approved on 04/07/2020 by The Great Plains National Bank reported 40 jobs and $708,500 was used to fund payroll.

Burton controls inc is Existing or more than 2 years old

BURTON CONTROLS INC

Date Approved

04/07/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

BURTON CONTROLS INC

Borrower Address

11600 S MERIDIAN AVE

Borrower City

OKLAHOMA CITY

Borrower State

OK

Borrower Zip

73173-8230

Loan Status Date

Loan Status

Exemption 4

Term

43

SBA Guaranty Percentage

100

Initial Approval Amount

708500.00

Current Approval Amount

708500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58996

Servicing Lender Name

Great Plains National Bank

Servicing Lender Address

2017 W Third

Servicing Lender City

ELK CITY

Servicing Lender State

OK

Servicing Lender Zip

73644-4305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OKLAHOMA CITY

Project County Name

CLEVELAND

Project State

OK

Project Zip

73173-8230

CD

OK-04

Jobs Reported

40

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

531375.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

150125.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58996

Originating Lender

Great Plains National Bank

Originating Lender City

ELK CITY

Originating Lender State

OK

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

665850.65

Forgiveness Date

02/10/2021

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