PPP Loan information for Thomas electric company

$172,577

Thomas electric company was initially approved for PPP Loan of amount $172,577, the current approved amount is $172,577. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $172,577 was used to fund payroll.

Thomas electric company is New Business or 2 years or less

THOMAS ELECTRIC COMPANY

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

THOMAS ELECTRIC COMPANY

Borrower Address

15463 CHEMICAL LN

Borrower City

HUNTINGTON BEACH

Borrower State

CA

Borrower Zip

92649-1219

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172577.00

Current Approval Amount

172577.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HUNTINGTON BEACH

Project County Name

ORANGE

Project State

CA

Project Zip

92649-1219

CD

CA-47

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172577.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175035.63

Forgiveness Date

10/07/2021

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