# PPP loan: CONTROL SYSTEMS, INC.
> **$160K** approved 05/01/2020 · Paid in Full · Loan `9582607705`
## Borrower
- **Name:** CONTROL SYSTEMS, INC.
- **Address:** 391 Industrial Park,, Montevallo, AL, 35115
- **NAICS:** 334519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 15
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*