PPP Loan information for Thermcraft inc.

$611,957

Thermcraft inc. was initially approved for PPP Loan of amount $611,957, the current approved amount is $611,957. The loan was approved on 04/09/2020 by The First Horizon Bank reported 59 jobs and $611,957 was used to fund payroll.

Thermcraft inc. is Existing or more than 2 years old

THERMCRAFT INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THERMCRAFT INC.

Borrower Address

3950 Overdale Road

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27107-6106

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

611957.00

Current Approval Amount

611957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27107-6106

CD

NC-05

Jobs Reported

59

NAICS Code

333994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21957.00

Payroll Proceed

470000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

70000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

618110.57

Forgiveness Date

04/23/2021

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