PPP Loan information for Controlled release technologies, inc.

$121,500

Controlled release technologies, inc. was initially approved for PPP Loan of amount $121,500, the current approved amount is $121,500. The loan was approved on 04/27/2020 by The The Fidelity Bank reported 11 jobs and $121,500 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

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CONTROLLED RELEASE TECHNOLOGIES, INC.

Borrower Address

1016 INDUSTRY DR

Borrower City

SHELBY

Borrower State

NC

Borrower Zip

28152

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121500.00

Current Approval Amount

121500.00

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

28152-0001

CD

NC-10

Jobs Reported

11

NAICS Code

325620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122134.50

Forgiveness Date

11/03/2020

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