PPP Loan information for Thomas electrical inc

$361,000

Thomas electrical inc was initially approved for PPP Loan of amount $361,000, the current approved amount is $361,000. The loan was approved on 04/15/2020 by The 1st Source Bank reported 35 jobs and $361,000 was used to fund payroll.

Thomas electrical inc is New Business or 2 years or less

THOMAS ELECTRICAL INC

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

THOMAS ELECTRICAL INC

Borrower Address

4363 S 35th Street Suite 1

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85040

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

361000.00

Current Approval Amount

361000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85040-0100

CD

AZ-03

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

361000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

363537.03

Forgiveness Date

12/30/2020

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