PPP Loan information for Thomson electric inc

$1,227,031

Thomson electric inc was initially approved for PPP Loan of amount $1,227,031, the current approved amount is $1,227,031. The loan was approved on 04/05/2020 by The Cache Valley Bank reported 63 jobs and $1,227,031 was used to fund payroll.

Thomson electric inc is Existing or more than 2 years old

PPP Loan Search / UT / LOGAN / Thomson electric inc

THOMSON ELECTRIC INC

Date Approved

04/05/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

THOMSON ELECTRIC INC

Borrower Address

755 W 200 S

Borrower City

LOGAN

Borrower State

UT

Borrower Zip

84321-3723

Loan Status Date

05/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1227030.92

Current Approval Amount

1227030.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

CACHE

Project State

UT

Project Zip

84321-3723

CD

UT-01

Jobs Reported

63

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3930.26

Payroll Proceed

1196700.66

Mortgage Interest Proceed

0.00

Rent Proceed

26400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1239573.90

Forgiveness Date

04/19/2021

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