# PPP loan: CONTROL TECHNOLOGY COMPANY INC
> **$467K** approved 04/03/2020 · Paid in Full · Loan `4368187009`
## Borrower
- **Name:** CONTROL TECHNOLOGY COMPANY INC
- **Address:** 760 Lake Elmo Rd, BILLINGS, MT, 59105-3128
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $467K
- **Initial approval:** $467K
- **Forgiven:** $470K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $117K
- **Jobs reported:** 21
## Lender
- **Originating:** Stockman Bank of Montana
- **Servicing:** Stockman Bank of Montana (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*