# PPP loan: THERMO HEATING ELEMENTS, LLC
> **$175K** approved 04/10/2020 · Paid in Full · Loan `1714277110`
## Borrower
- **Name:** THERMO HEATING ELEMENTS, LLC
- **Address:** 273 LANGSTON RD, PIEDMONT, SC, 29673-8236
- **NAICS:** 333414
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $126K
- **Rent:** $31K
- **Utilities:** $8K
- **Health care:** $10K
- **Jobs reported:** 25
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*