PPP Loan information for The threads, inc.

$103,440

The threads, inc. was initially approved for PPP Loan of amount $103,440, the current approved amount is $103,440. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 6 jobs and $103,440 was used to fund payroll.

The threads, inc. is Existing or more than 2 years old

THE THREADS, INC.

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THE THREADS, INC.

Borrower Address

6601 Development Dr

Borrower City

CEDAR FALLS

Borrower State

IA

Borrower Zip

50613

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103440.00

Current Approval Amount

103440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR FALLS

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-0008

CD

IA-02

Jobs Reported

6

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103440.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104158.33

Forgiveness Date

01/07/2021

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