Oem Controls, I. N. C.

$2,941,915 PPP Loan in Shelton, Connecticut

Loan Details

Loan Number
9894007004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,941,915
Current Approval
$2,774,499
Forgiveness Amount
$2,806,523
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oem Controls, I. N. C.
Address
10 Controls Drive 0.0
ZIP Code
06484-5434
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335314)
Business Age
Existing or more than 2 years old
Jobs Reported
204
Estimated Revenue
$53.4M
Rural/Urban
Urban
Congressional District
CT-04

Loan Use Breakdown

Payroll
$2,195,379
Rent
$164,120
Utilities
$37,500
Health Care
$340,000
Debt Interest
$37,500

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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