PPP Loan information for Thornton electrical services, inc.

$78,500

Thornton electrical services, inc. was initially approved for PPP Loan of amount $78,500, the current approved amount is $78,500. The loan was approved on 04/27/2020 by The TowneBank reported 11 jobs and $78,500 was used to fund payroll.

Thornton electrical services, inc. is Existing or more than 2 years old

PPP Loan Search / VA / PORTSMOUTH / Thornton electrical services, inc.

THORNTON ELECTRICAL SERVICES, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THORNTON ELECTRICAL SERVICES, INC.

Borrower Address

410 Westmoreland Ave.

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23707

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78500.00

Current Approval Amount

78500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23707-0001

CD

VA-03

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78500.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79110.56

Forgiveness Date

02/03/2021

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