PPP Loan information for Thermal operating company, llc

$971,000

Thermal operating company, llc was initially approved for PPP Loan of amount $971,000, the current approved amount is $971,000. The loan was approved on 04/07/2020 by The City National Bank reported 89 jobs and $971,000 was used to fund payroll.

Thermal operating company, llc is Existing or more than 2 years old

THERMAL OPERATING COMPANY, LLC

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THERMAL OPERATING COMPANY, LLC

Borrower Address

1983 W. 190th Street, Suite 100

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90504-6202

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

971000.00

Current Approval Amount

971000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90504-6202

CD

CA-43

Jobs Reported

89

NAICS Code

713910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

895000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

76000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

978049.73

Forgiveness Date

01/07/2021

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