Thomas Insulation

$343,530 PPP Loan in Franklinton, Louisiana

Loan Details

Loan Number
8478487309
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$343,530
Current Approval
$343,530
Forgiveness Amount
$349,561
Forgiveness Date
Jan 28, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Thomas Insulation
Address
30146 Crains Creek Road
ZIP Code
70438
Business Type
Sole Proprietorship
Industry (NAICS)
Construction (238310)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$8.8M
Rural/Urban
Rural
Congressional District
LA-05

Loan Use Breakdown

Payroll
$283,530
Rent
$10,000
Utilities
$10,000
Health Care
$10,000
Mortgage Interest
$10,000
Debt Interest
$10,000
Refinance EIDL
$10,000

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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