Date Approved
02/05/2021
SBA Office Code
0202
Processing Method
PPS
Borrower Name
THORN ELECTRIC INC
Borrower Address
107 01 ROCKAWAY BLVD
Borrower City
OZONE PARK
Borrower State
NY
Borrower Zip
11417
Loan Status Date
05/20/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
251041.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
224478
Servicing Lender Name
Signature Bank
Servicing Lender Address
565 5th Ave, 12th Fl
Servicing Lender City
NEW YORK CITY
Servicing Lender State
Servicing Lender Zip
10017-2496
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
QUEENS
Project State
Project Zip
CD
NY-05
Jobs Reported
8
NAICS Code
238210
Race
Black or African American
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
251037.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
254177.29
Forgiveness Date
05/12/2022