PPP Loan information for Thermo heating elements, llc

$174,898

Thermo heating elements, llc was initially approved for PPP Loan of amount $174,898, the current approved amount is $174,898. The loan was approved on 04/10/2020 by The First Bank reported 25 jobs and $174,898 was used to fund payroll.

Thermo heating elements, llc is Existing or more than 2 years old

THERMO HEATING ELEMENTS, LLC

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

THERMO HEATING ELEMENTS, LLC

Borrower Address

273 LANGSTON RD

Borrower City

PIEDMONT

Borrower State

SC

Borrower Zip

29673-8236

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174897.50

Current Approval Amount

174897.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIEDMONT

Project County Name

ANDERSON

Project State

SC

Project Zip

29673-8236

CD

SC-03

Jobs Reported

25

NAICS Code

333414

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7682.30

Payroll Proceed

126145.68

Mortgage Interest Proceed

0.00

Rent Proceed

31066.67

Refinance EIDL Proceed

0.00

Health Care Proceed

10002.85

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

176033.14

Forgiveness Date

12/08/2020

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