PPP Loan information for Thatcher engineering corporation

$119,500

Thatcher engineering corporation was initially approved for PPP Loan of amount $119,520, the current approved amount is $119,500. The loan was approved on 04/07/2020 by The CIBC Bank USA reported 6 jobs and $119,500 was used to fund payroll.

Thatcher engineering corporation is Existing or more than 2 years old

THATCHER ENGINEERING CORPORATION

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THATCHER ENGINEERING CORPORATION

Borrower Address

7100 INDUSTRIAL HWY

Borrower City

GARY

Borrower State

IN

Borrower Zip

46406-1045

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119519.87

Current Approval Amount

119500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARY

Project County Name

LAKE

Project State

IN

Project Zip

46406-1045

CD

IN-01

Jobs Reported

6

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119500.00

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

Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120567.32

Forgiveness Date

03/03/2021

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