PPP Loan information for Thompson electrical service

$70,300

Thompson electrical service was initially approved for PPP Loan of amount $70,300, the current approved amount is $70,300. The loan was approved on 04/09/2020 by The Powell Valley National Bank reported 12 jobs and $70,300 was used to fund payroll.

Thompson electrical service is Existing or more than 2 years old

PPP Loan Search / TN / KINGSPORT / Thompson electrical service

THOMPSON ELECTRICAL SERVICE

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

THOMPSON ELECTRICAL SERVICE

Borrower Address

295 Eastern Star Rd

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37660-3221

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70300.00

Current Approval Amount

70300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-3221

CD

TN-01

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70300.00

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

Sole Proprietorship

Originating Lender Location Id

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

60703.10

Forgiveness Date

12/17/2020

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