PPP Loan information for Microthermics, inc

$405,800

Microthermics, inc was initially approved for PPP Loan of amount $405,800, the current approved amount is $405,800. The loan was approved on 04/14/2020 by The Customers Bank reported 34 jobs and $405,800 was used to fund payroll.

Microthermics, inc is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Microthermics, inc

MICROTHERMICS, INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MICROTHERMICS, INC

Borrower Address

3216 Wellington Court

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27615

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405800.00

Current Approval Amount

405800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27615-0001

CD

NC-02

Jobs Reported

34

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

405800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

409013.05

Forgiveness Date

02/22/2021

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