PPP Loan information for Control solutions, inc.

$1,139,325

Control solutions, inc. was initially approved for PPP Loan of amount $1,139,325, the current approved amount is $1,139,325. The loan was approved on 04/07/2020 by The Mercantile Bank reported 65 jobs and $1,139,325 was used to fund payroll.

Control solutions, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BYRON CENTER / Control solutions, inc.

CONTROL SOLUTIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CONTROL SOLUTIONS, INC.

Borrower Address

8535 BYRON COMMERCE DR

Borrower City

BYRON CENTER

Borrower State

MI

Borrower Zip

49315-9129

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1139325.00

Current Approval Amount

1139325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BYRON CENTER

Project County Name

KENT

Project State

MI

Project Zip

49315-9129

CD

MI-03

Jobs Reported

65

NAICS Code

334512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3234.00

Payroll Proceed

1050709.00

Mortgage Interest Proceed

0.00

Rent Proceed

17927.00

Refinance EIDL Proceed

0.00

Health Care Proceed

67455.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1146098.52

Forgiveness Date

11/17/2020

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