PPP Loan information for Controls & electrical design services inc.

$112,120

Controls & electrical design services inc. was initially approved for PPP Loan of amount $112,120, the current approved amount is $112,120. The loan was approved on 02/12/2021 by The Merit Bank reported 6 jobs and $112,120 was used to fund payroll.

Controls & electrical design services inc. is Existing or more than 2 years old

PPP Loan Search / AL / Madison / Controls & electrical design services inc.

CONTROLS & ELECTRICAL DESIGN SERVICES INC.

Date Approved

02/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CONTROLS & ELECTRICAL DESIGN SERVICES INC.

Borrower Address

132 Westchester Dr

Borrower City

Madison

Borrower State

AL

Borrower Zip

35758-7838

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112120.00

Current Approval Amount

112120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MADISON

Project State

AL

Project Zip

35758-7838

CD

AL-05

Jobs Reported

6

NAICS Code

541420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

112117.00

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112481.28

Forgiveness Date

06/15/2021

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