PPP Loan information for Contol & power systems, inc.

$800,100

Contol & power systems, inc. was initially approved for PPP Loan of amount $885,000, the current approved amount is $800,100. The loan was approved on 04/14/2020 by The Dime Community Bank reported 46 jobs and $800,100 was used to fund payroll.

Contol & power systems, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / FAIRFIELD / Contol & power systems, inc.

CONTOL & POWER SYSTEMS, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CONTOL & POWER SYSTEMS, INC.

Borrower Address

17 SPIELMAN RD

Borrower City

FAIRFIELD

Borrower State

NJ

Borrower Zip

07004-3409

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

885000.00

Current Approval Amount

800100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46104

Servicing Lender Name

Dime Community Bank

Servicing Lender Address

2200 Montauk Hwy

Servicing Lender City

BRIDGEHAMPTON

Servicing Lender State

NY

Servicing Lender Zip

11932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-3409

CD

NJ-11

Jobs Reported

46

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

708000.00

Mortgage Interest Proceed

0.00

Rent Proceed

92100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

805100.63

Forgiveness Date

12/02/2020

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