# PPP loan: REMOTE CONTROLS, INC.
> **$244K** approved 04/08/2020 · Paid in Full · Loan `7765207010`
## Borrower
- **Name:** REMOTE CONTROLS, INC.
- **Address:** 512 S MERRIFIELD AVE, MISHAWAKA, IN, 46544-2812
- **NAICS:** 332813
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Utilities:** $49K
- **Debt interest:** $3K
- **Jobs reported:** 27
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*