PPP Loan information for Thompson tire co inc.

$415,000

Thompson tire co inc. was initially approved for PPP Loan of amount $424,800, the current approved amount is $415,000. The loan was approved on 04/04/2020 by The The National Bank of Blacksburg reported 48 jobs and $415,000 was used to fund payroll.

Thompson tire co inc. is Existing or more than 2 years old

THOMPSON TIRE CO INC.

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THOMPSON TIRE CO INC.

Borrower Address

105 CENTRE CT

Borrower City

RADFORD

Borrower State

VA

Borrower Zip

24141-5124

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424800.00

Current Approval Amount

415000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RADFORD

Project County Name

RADFORD

Project State

VA

Project Zip

24141-5124

CD

VA-09

Jobs Reported

48

NAICS Code

441320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

53000.00

Payroll Proceed

318000.00

Mortgage Interest Proceed

0.00

Rent Proceed

44000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

417364.93

Forgiveness Date

11/05/2020

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