# PPP loan: CONTROLLED ENERGY SERVICES INC.
> **$213K** approved 05/01/2020 · Exemption 4 · Loan `2658737704`
## Borrower
- **Name:** CONTROLLED ENERGY SERVICES INC.
- **Address:** 101 BRIDGE RD, ISLANDIA, NY, 11749
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $166K (78%)
- **Forgiveness date:** 11/12/2020
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $5K
- **Utilities:** $1K
- **Health care:** $52K
- **Debt interest:** $2K
- **Jobs reported:** 90
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*