PPP Loan information for Thompson electric company

$5,954,493

Thompson electric company was initially approved for PPP Loan of amount $5,954,493, the current approved amount is $5,954,493. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 315 jobs and $5,954,493 was used to fund payroll.

Thompson electric company is Existing or more than 2 years old

THOMPSON ELECTRIC COMPANY

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THOMPSON ELECTRIC COMPANY

Borrower Address

2300 7th Street

Borrower City

SIOUX CITY

Borrower State

IA

Borrower Zip

51105

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5954492.50

Current Approval Amount

5954492.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CITY

Project County Name

WOODBURY

Project State

IA

Project Zip

51105-1001

CD

IA-04

Jobs Reported

315

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5954492.50

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6031073.89

Forgiveness Date

07/30/2021

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