PPP Loan information for Thermcor inc

$860,000

Thermcor inc was initially approved for PPP Loan of amount $860,000, the current approved amount is $860,000. The loan was approved on 02/24/2021 by The Truist Bank reported 91 jobs and $860,000 was used to fund payroll.

Thermcor inc is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / Thermcor inc

THERMCOR INC

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THERMCOR INC

Borrower Address

2601 Colley Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23517-1131

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

860000.00

Current Approval Amount

860000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23517-1131

CD

VA-03

Jobs Reported

91

NAICS Code

336611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

859996.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

878227.22

Forgiveness Date

03/31/2023

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