PPP Loan information for Controlair systems inc

$658,770

Controlair systems inc was initially approved for PPP Loan of amount $658,770, the current approved amount is $658,770. The loan was approved on 01/21/2021 by The Santander Bank, National Association reported 43 jobs and $658,770 was used to fund payroll.

Controlair systems inc is Existing or more than 2 years old

CONTROLAIR SYSTEMS INC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CONTROLAIR SYSTEMS INC

Borrower Address

25 Ray Ave

Borrower City

Burlington

Borrower State

MA

Borrower Zip

01803-4762

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

658770.00

Current Approval Amount

658770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-4762

CD

MA-06

Jobs Reported

43

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

658768.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

662830.91

Forgiveness Date

09/08/2021

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