PPP Loan information for Energy control, inc.

$350,000

Energy control, inc. was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 07/24/2020 by The First Merchants Bank reported 35 jobs and $350,000 was used to fund payroll.

Energy control, inc. is Existing or more than 2 years old

ENERGY CONTROL, INC.

Date Approved

07/24/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ENERGY CONTROL, INC.

Borrower Address

804 W MILL ST

Borrower City

OSSIAN

Borrower State

IN

Borrower Zip

46777-9109

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSSIAN

Project County Name

WELLS

Project State

IN

Project Zip

46777-9109

CD

IN-03

Jobs Reported

35

NAICS Code

326140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

350000.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

351639.73

Forgiveness Date

01/19/2021

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