PPP Loan information for Commerce controls, incorporated

$1,507,700

Commerce controls, incorporated was initially approved for PPP Loan of amount $1,507,700, the current approved amount is $1,507,700. The loan was approved on 04/11/2020 by The Huron Valley State Bank reported 101 jobs and $1,507,700 was used to fund payroll.

Commerce controls, incorporated is Existing or more than 2 years old

PPP Loan Search / MI / NOVI / Commerce controls, incorporated

COMMERCE CONTROLS, INCORPORATED

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COMMERCE CONTROLS, INCORPORATED

Borrower Address

41069 VINCENTI CT

Borrower City

NOVI

Borrower State

MI

Borrower Zip

48375-1923

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1507700.00

Current Approval Amount

1507700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

435111

Servicing Lender Name

Huron Valley State Bank

Servicing Lender Address

130 S Milford Rd

Servicing Lender City

MILFORD

Servicing Lender State

MI

Servicing Lender Zip

48381-2741

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NOVI

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-1923

CD

MI-06

Jobs Reported

101

NAICS Code

334512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1507700.00

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

435111

Originating Lender

Huron Valley State Bank

Originating Lender City

MILFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1525792.40

Forgiveness Date

06/28/2021

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