PPP Loan information for Thomas electric inc

$145,979

Thomas electric inc was initially approved for PPP Loan of amount $145,979, the current approved amount is $145,979. The loan was approved on 04/28/2020 by The Redstone FCU reported 20 jobs and $145,979 was used to fund payroll.

Thomas electric inc is Existing or more than 2 years old

THOMAS ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THOMAS ELECTRIC INC

Borrower Address

161 Nick Fitcheard Rd

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35806

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145979.00

Current Approval Amount

145979.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91061

Servicing Lender Name

Redstone FCU

Servicing Lender Address

220 Wynn Dr

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35893-0001

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35806-0002

CD

AL-05

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

145979.00

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

91061

Originating Lender

Redstone FCU

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

147414.79

Forgiveness Date

04/29/2021

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