PPP Loan information for Control electric inc

$300,000

Control electric inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/18/2021 by The U.S. Bank, National Association reported 23 jobs and $300,000 was used to fund payroll.

Control electric inc is Existing or more than 2 years old

CONTROL ELECTRIC INC

Date Approved

04/18/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

CONTROL ELECTRIC INC

Borrower Address

840 E Parkridge Ave Ste 106

Borrower City

Corona

Borrower State

CA

Borrower Zip

92879-6616

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Corona

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92879-6616

CD

CA-41

Jobs Reported

23

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303764.38

Forgiveness Date

07/25/2022

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