# PPP loan: CONTROL ELECTRIC INC
> **$300K** approved 04/18/2021 · Paid in Full · Loan `5694398804`
## Borrower
- **Name:** CONTROL ELECTRIC INC
- **Address:** 840 E Parkridge Ave Ste 106, Corona, CA, 92879-6616
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 07/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 23
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*