Therm, Incorporated

$1,575,500 PPP Loan in Ithaca, New York

Loan Details

Loan Number
1367077201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,575,500
Current Approval
$1,575,500
Forgiveness Amount
$1,584,219
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Therm, Incorporated
Address
1000 Hudson St Ext
City
Ithaca
ZIP Code
14850
Business Type
Corporation
Industry (NAICS)
Manufacturing (336412)
Business Age
Existing or more than 2 years old
Jobs Reported
151
Estimated Revenue
$39.5M
Rural/Urban
Rural
Congressional District
NY-19

Loan Use Breakdown

Payroll
$1,179,923
Utilities
$75,000
Health Care
$320,577

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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