Thermal Equipment Corporation

$550,000 PPP Loan in Compton, California

Loan Details

Loan Number
4645487309
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$550,000
Current Approval
$428,000
Forgiveness Amount
$430,204
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Thermal Equipment Corporation
Address
2030 E University Dr
ZIP Code
90220-6410
Business Type
Corporation
Industry (NAICS)
Manufacturing (332420)
Business Age
Unanswered
Jobs Reported
37
Estimated Revenue
$9.0M
Rural/Urban
Urban
Congressional District
CA-44

Loan Use Breakdown

Payroll
$428,000

Lender Information

Servicing Lender
Citizens Business Bank
Originating Lender
Citizens Business Bank

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