PPP Loan information for Thomas tool & supply, inc.

$185,400

Thomas tool & supply, inc. was initially approved for PPP Loan of amount $185,400, the current approved amount is $185,400. The loan was approved on 04/03/2020 by The Sherburne State Bank reported 20 jobs and $185,400 was used to fund payroll.

Thomas tool & supply, inc. is Existing or more than 2 years old

THOMAS TOOL & SUPPLY, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THOMAS TOOL & SUPPLY, INC.

Borrower Address

PO BOX 1013

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56302-1013

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185400.00

Current Approval Amount

185400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56302-1013

CD

MN-06

Jobs Reported

20

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

185400.00

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

Subchapter S Corporation

Originating Lender Location Id

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186445.45

Forgiveness Date

11/03/2020

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