PPP Loan information for Thompson electric motor service

$287,400

Thompson electric motor service was initially approved for PPP Loan of amount $287,400, the current approved amount is $287,400. The loan was approved on 04/28/2020 by The The Farmers Bank & Savings Company reported 27 jobs and $287,400 was used to fund payroll.

Thompson electric motor service is Existing or more than 2 years old

PPP Loan Search / WV / STOLLINGS / Thompson electric motor service

THOMPSON ELECTRIC MOTOR SERVICE

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

THOMPSON ELECTRIC MOTOR SERVICE

Borrower Address

PO BOX 511

Borrower City

STOLLINGS

Borrower State

WV

Borrower Zip

25646-0511

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287400.00

Current Approval Amount

287400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58117

Servicing Lender Name

The Farmers Bank & Savings Company

Servicing Lender Address

211 W Second St

Servicing Lender City

POMEROY

Servicing Lender State

OH

Servicing Lender Zip

45769-1037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STOLLINGS

Project County Name

LOGAN

Project State

WV

Project Zip

25646-0511

CD

WV-01

Jobs Reported

27

NAICS Code

333618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287400.00

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

58117

Originating Lender

The Farmers Bank & Savings Company

Originating Lender City

POMEROY

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290974.78

Forgiveness Date

07/27/2021

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