PPP Loan information for Thread inc

$616,990

Thread inc was initially approved for PPP Loan of amount $616,990, the current approved amount is $616,990. The loan was approved on 04/11/2020 by The Rosedale Federal Savings & Loan Association reported 52 jobs and $616,990 was used to fund payroll.

Thread inc is Existing or more than 2 years old

THREAD INC

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THREAD INC

Borrower Address

2401 Liberty Heights Avenue

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21215

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

616990.00

Current Approval Amount

616990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82694

Servicing Lender Name

Rosedale Federal Savings & Loan Association

Servicing Lender Address

6708 Belair Rd

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21206-1115

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21215-0001

CD

MD-02

Jobs Reported

52

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

616990.00

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

Non-Profit Organization

Originating Lender Location Id

82694

Originating Lender

Rosedale Federal Savings & Loan Association

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

621858.30

Forgiveness Date

02/03/2021

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