Thompson Electric Motor Service

$287,400 PPP Loan in Stollings, West Virginia

Loan Details

Loan Number
8623167206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$287,400
Current Approval
$287,400
Forgiveness Amount
$290,975
Forgiveness Date
Jul 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thompson Electric Motor Service
Address
Po Box 511
ZIP Code
25646-0511
Business Type
Corporation
Industry (NAICS)
Manufacturing (333618)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
WV-01

Loan Use Breakdown

Payroll
$287,400

Lender Information

Servicing Lender
The Farmers Bank and Savings Company
Originating Lender
The Farmers Bank and Savings Company

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