PPP Loan information for Thompson electric inc

$683,400

Thompson electric inc was initially approved for PPP Loan of amount $683,400, the current approved amount is $683,400. The loan was approved on 04/04/2020 by The First Security Bank reported 58 jobs and $683,400 was used to fund payroll.

Thompson electric inc is Existing or more than 2 years old

PPP Loan Search / AR / MABELVALE / Thompson electric inc

THOMPSON ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

THOMPSON ELECTRIC INC

Borrower Address

10715 TRAIN STATION DR

Borrower City

MABELVALE

Borrower State

AR

Borrower Zip

72103-1636

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

683400.00

Current Approval Amount

683400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MABELVALE

Project County Name

PULASKI

Project State

AR

Project Zip

72103-1636

CD

AR-02

Jobs Reported

58

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

683400.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

687993.97

Forgiveness Date

12/09/2020

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