Control and Drive Systems INC

$41,668 PPP Loan in Walnut Cove, North Carolina

Loan Details

Loan Number
9148648710
Date Approved
Apr 8, 2021
Loan Status
Paid in Full
Initial Approval
$41,668
Current Approval
$41,668
Forgiveness Amount
$41,914
Forgiveness Date
Nov 15, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Control and Drive Systems INC
Address
133b Plant St
ZIP Code
27052-9223
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$41,666
Utilities
$1

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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