# PPP loan: CONTROL TECH USA LTD
> **$986K** approved 01/22/2021 · Paid in Full · Loan `4120708307`
## Borrower
- **Name:** CONTROL TECH USA LTD
- **Address:** 22025 Route 14, Troy, PA, 16947-8790
- **NAICS:** 237120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $986K
- **Initial approval:** $986K
- **Forgiven:** $990K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $986K
- **Utilities:** $1
- **Jobs reported:** 87
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*