# PPP loan: CONTROL ELECTRIC CO
> **$291K** approved 02/12/2021 · Paid in Full · Loan `7584918400`
## Borrower
- **Name:** CONTROL ELECTRIC CO
- **Address:** 12130 Eaton Commerce Pkwy, Columbia Station, OH, 44028-9208
- **NAICS:** 335314
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 07/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $291K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*