Thorco INC

$333,600 PPP Loan in Granite Falls, Minnesota

Loan Details

Loan Number
6386777001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$333,600
Current Approval
$333,600
Forgiveness Amount
$336,799
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thorco INC
Address
1801 County Road 38
ZIP Code
56241-4101
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811191)
Franchise
Valvoline Instant Oil Change
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$10.2M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$333,600

Lender Information

Servicing Lender
Fm Bank
Originating Lender
Fm Bank

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