PPP Loan information for Thornton construction, inc.

$422,982

Thornton construction, inc. was initially approved for PPP Loan of amount $422,982, the current approved amount is $422,982. The loan was approved on 04/09/2020 by The Machias Savings Bank reported 44 jobs and $422,982 was used to fund payroll.

Thornton construction, inc. is Existing or more than 2 years old

THORNTON CONSTRUCTION, INC.

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THORNTON CONSTRUCTION, INC.

Borrower Address

206 Bradley Rd PO Box 529

Borrower City

MILFORD

Borrower State

ME

Borrower Zip

04461-3621

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422982.00

Current Approval Amount

422982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04461-3621

CD

ME-02

Jobs Reported

44

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

422982.00

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

426612.60

Forgiveness Date

02/24/2021

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