PPP Loan information for Thermal corporation

$287,740

Thermal corporation was initially approved for PPP Loan of amount $287,740, the current approved amount is $287,740. The loan was approved on 04/09/2020 by The Redstone FCU reported 25 jobs and $287,740 was used to fund payroll.

Thermal corporation is Existing or more than 2 years old

THERMAL CORPORATION

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THERMAL CORPORATION

Borrower Address

1264 Slaughter Rd

Borrower City

MADISON

Borrower State

AL

Borrower Zip

35758-8605

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287740.00

Current Approval Amount

287740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91061

Servicing Lender Name

Redstone FCU

Servicing Lender Address

220 Wynn Dr

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35893-0001

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

AL

Project Zip

35758-8605

CD

AL-05

Jobs Reported

25

NAICS Code

541330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

287740.00

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

91061

Originating Lender

Redstone FCU

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

291153.46

Forgiveness Date

06/28/2021

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