PPP Loan information for Thor-lo inc

$1,498,600

Thor-lo inc was initially approved for PPP Loan of amount $1,498,600, the current approved amount is $1,498,600. The loan was approved on 04/14/2020 by The Truist Bank reported 160 jobs and $1,498,600 was used to fund payroll.

Thor-lo inc is Existing or more than 2 years old

PPP Loan Search / NC / STATESVILLE / Thor-lo inc

THOR-LO INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THOR-LO INC

Borrower Address

2210 NEWTON DR

Borrower City

STATESVILLE

Borrower State

NC

Borrower Zip

28677-4850

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1498600.00

Current Approval Amount

1498600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STATESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28677-4850

CD

NC-10

Jobs Reported

160

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1498600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1513461.12

Forgiveness Date

04/22/2021

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