PPP Loan information for Thomas distributing, inc.

$123,300

Thomas distributing, inc. was initially approved for PPP Loan of amount $123,300, the current approved amount is $123,300. The loan was approved on 04/13/2020 by The Prosperity Bank reported 18 jobs and $123,300 was used to fund payroll.

Thomas distributing, inc. is Change of Ownership

PPP Loan Search / TX / MIDLAND / Thomas distributing, inc.

THOMAS DISTRIBUTING, INC.

Date Approved

04/13/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

THOMAS DISTRIBUTING, INC.

Borrower Address

3235 FRANKLIN AVE

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79701-6721

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123300.00

Current Approval Amount

123300.00

Undisbursed Amount

0.00

Franchise Name

Schlotzsky's

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Change of Ownership

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-6721

CD

TX-11

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123300.00

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

Subchapter S Corporation

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124851.53

Forgiveness Date

07/14/2021

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