PPP Loan information for Thrift electric, inc

$38,700

Thrift electric, inc was initially approved for PPP Loan of amount $38,700, the current approved amount is $38,700. The loan was approved on 04/12/2020 by The First Bank reported 5 jobs and $38,700 was used to fund payroll.

Thrift electric, inc is Existing or more than 2 years old

THRIFT ELECTRIC, INC

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THRIFT ELECTRIC, INC

Borrower Address

804 BRYAN RD

Borrower City

THOMASVILLE

Borrower State

NC

Borrower Zip

27360-5430

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38700.00

Current Approval Amount

38700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THOMASVILLE

Project County Name

DAVIDSON

Project State

NC

Project Zip

27360-5430

CD

NC-08

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38700.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39032.18

Forgiveness Date

02/23/2021

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