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Thomson Electric INC

$1,227,031 PPP Loan in Logan, Utah

Loan Details

Loan Number
5257247005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,227,031
Current Approval
$1,227,031
Forgiveness Amount
$1,239,574
Forgiveness Date
Apr 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thomson Electric INC
Address
755 W 200 S
City
Logan
State
Utah
ZIP Code
84321-3723
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$19.3M
Rural/Urban
Urban
Congressional District
UT-01

Loan Use Breakdown

Payroll
$1,196,701
Rent
$26,400
Utilities
$3,930

Lender Information

Servicing Lender
Cache Valley Bank
Originating Lender
Cache Valley Bank

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