# PPP loan: MONITOR CONTROLS, INC.
> **$275K** approved 05/06/2020 · Paid in Full · Loan `2973577410`
## Borrower
- **Name:** MONITOR CONTROLS, INC.
- **Address:** 178-180 Center Street N/A, Wallingford, CT, 06492
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 32
## Lender
- **Originating:** Liberty Bank
- **Servicing:** Liberty Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*