Thomas Industries, Inc.

$368,200 PPP Loan in Wabasha, Minnesota

Loan Details

Loan Number
4607887005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$368,200
Current Approval
$368,200
Forgiveness Amount
$370,931
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thomas Industries, Inc.
Address
211 Industrial Court
ZIP Code
55981-1147
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.1M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$276,150
Rent
$81,050
Utilities
$9,700
Mortgage Interest
$1,300

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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