Control Systems, Inc.
Control Systems, Inc. is located in Pelham, AL, and the SBA lists its industry as Relay and Industrial Control Manufacturing. It was approved for an SBA 504 loan ($1,125,000 SBA portion) on July 10, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jul 10, 2024 | $1,125,000 | $1,370,277 | $2,772,530 (estimated) | Regions Bank | Birmingham Citywide Local Development Company | 25 years | 10 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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