PPP Loan information for Thermo mechanical systems corp

$107,300

Thermo mechanical systems corp was initially approved for PPP Loan of amount $107,300, the current approved amount is $107,300. The loan was approved on 04/04/2020 by The Cornerstone Bank reported 9 jobs and $107,300 was used to fund payroll.

Thermo mechanical systems corp is Existing or more than 2 years old

PPP Loan Search / MA / ASSONET / Thermo mechanical systems corp

THERMO MECHANICAL SYSTEMS CORP

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THERMO MECHANICAL SYSTEMS CORP

Borrower Address

516 PO BOX

Borrower City

ASSONET

Borrower State

MA

Borrower Zip

02702-0516

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107300.00

Current Approval Amount

107300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASSONET

Project County Name

BRISTOL

Project State

MA

Project Zip

02702-0516

CD

MA-04

Jobs Reported

9

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107300.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108259.74

Forgiveness Date

03/11/2021

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