Thermcraft Inc.

$611,957 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
9108197008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$611,957
Current Approval
$611,957
Forgiveness Amount
$618,111
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thermcraft Inc.
Address
3950 Overdale Road
ZIP Code
27107-6106
Business Type
Corporation
Industry (NAICS)
Manufacturing (333994)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$470,000
Rent
$50,000
Utilities
$21,957
Health Care
$70,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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