PPP Loan information for Thomas insulation

$343,530

Thomas insulation was initially approved for PPP Loan of amount $343,530, the current approved amount is $343,530. The loan was approved on 05/01/2020 by The BankPlus reported 35 jobs and $343,530 was used to fund payroll.

Thomas insulation is Existing or more than 2 years old

THOMAS INSULATION

Date Approved

05/01/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

THOMAS INSULATION

Borrower Address

30146 Crains Creek Road

Borrower City

FRANKLINTON

Borrower State

LA

Borrower Zip

70438

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343530.00

Current Approval Amount

343530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLINTON

Project County Name

WASHINGTON

Project State

LA

Project Zip

70438-0001

CD

LA-05

Jobs Reported

35

NAICS Code

238310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

283530.00

Mortgage Interest Proceed

10000.00

Rent Proceed

10000.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

10000.00

Debt Interest Proceed

10000

Business Type

Sole Proprietorship

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

349560.86

Forgiveness Date

01/28/2022

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