PPP Loan information for Controlled release technologies inc.

$127,336

Controlled release technologies inc. was initially approved for PPP Loan of amount $127,336, the current approved amount is $127,336. The loan was approved on 01/20/2021 by The The Fidelity Bank reported 11 jobs and $127,336 was used to fund payroll.

Controlled release technologies inc. is Existing or more than 2 years old

PPP Loan Search / NC / Shelby / Controlled release technologies inc.

CONTROLLED RELEASE TECHNOLOGIES INC.

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CONTROLLED RELEASE TECHNOLOGIES INC.

Borrower Address

1016 Industry Dr

Borrower City

Shelby

Borrower State

NC

Borrower Zip

28152-8550

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127336.00

Current Approval Amount

127336.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelby

Project County Name

CLEVELAND

Project State

NC

Project Zip

28152-8550

CD

NC-10

Jobs Reported

11

NAICS Code

325620

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

127334.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127845.34

Forgiveness Date

06/15/2021

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