PPP Loan information for Thermal process systems, inc

$241,500

Thermal process systems, inc was initially approved for PPP Loan of amount $241,500, the current approved amount is $241,500. The loan was approved on 04/05/2020 by The American Commercial Bank & Trust, National Association reported 14 jobs and $241,500 was used to fund payroll.

Thermal process systems, inc is New Business or 2 years or less

PPP Loan Search / IN / CROWN POINT / Thermal process systems, inc

THERMAL PROCESS SYSTEMS, INC

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THERMAL PROCESS SYSTEMS, INC

Borrower Address

627 EAST 110TH AVE

Borrower City

CROWN POINT

Borrower State

IN

Borrower Zip

46307-7748

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241500.00

Current Approval Amount

241500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22237

Servicing Lender Name

American Commercial Bank & Trust, National Association

Servicing Lender Address

701 LaSalle St

Servicing Lender City

OTTAWA

Servicing Lender State

IL

Servicing Lender Zip

61350-5011

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CROWN POINT

Project County Name

LAKE

Project State

IN

Project Zip

46307-7748

CD

IN-01

Jobs Reported

14

NAICS Code

221320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

241500.00

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

22237

Originating Lender

American Commercial Bank & Trust, National Association

Originating Lender City

OTTAWA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

243680.21

Forgiveness Date

03/05/2021

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