PPP Loan information for Thermoil, inc.

$162,500

Thermoil, inc. was initially approved for PPP Loan of amount $162,500, the current approved amount is $162,500. The loan was approved on 04/12/2020 by The Eastern Bank reported 15 jobs and $162,500 was used to fund payroll.

Thermoil, inc. is Existing or more than 2 years old

THERMOIL, INC.

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THERMOIL, INC.

Borrower Address

766 PLEASANT ST

Borrower City

BELMONT

Borrower State

MA

Borrower Zip

02478-1428

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162500.00

Current Approval Amount

162500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02478-1428

CD

MA-05

Jobs Reported

15

NAICS Code

454310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162500.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164711.81

Forgiveness Date

08/25/2021

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