# PPP loan: THORSAND, INC.
> **$170K** approved 04/15/2020 · Paid in Full · Loan `1258637204`
## Borrower
- **Name:** THORSAND, INC.
- **Address:** PO Box 12596, ODESSA, TX, 79768
- **NAICS:** 423690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 16
## Lender
- **Originating:** American Momentum Bank
- **Servicing:** American Momentum Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*