PPP Loan information for Power control systems inc

$55,643

Power control systems inc was initially approved for PPP Loan of amount $55,643, the current approved amount is $55,643. The loan was approved on 03/12/2021 by The Liberty Bank reported 3 jobs and $55,643 was used to fund payroll.

Power control systems inc is Existing or more than 2 years old

POWER CONTROL SYSTEMS INC

Date Approved

03/12/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

POWER CONTROL SYSTEMS INC

Borrower Address

100 Kreiger Ln

Borrower City

Glastonbury

Borrower State

CT

Borrower Zip

06033-2364

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55642.50

Current Approval Amount

55642.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glastonbury

Project County Name

HARTFORD

Project State

CT

Project Zip

06033-2364

CD

CT-01

Jobs Reported

3

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55640.50

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56300.94

Forgiveness Date

05/17/2022

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