Controlled Power Company INC

$1,289,300 PPP Loan in Troy, Michigan

Loan Details

Loan Number
8203507205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,289,300
Current Approval
$1,289,300
Forgiveness Amount
$1,302,766
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Controlled Power Company INC
Address
1955 Stephenson Hwy
City
Troy
ZIP Code
48083
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335311)
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
$26.2M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,289,300

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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