# PPP loan: THERMCOR INC
> **$860K** approved 02/24/2021 · Paid in Full · Loan `3883658505`
## Borrower
- **Name:** THERMCOR INC
- **Address:** 2601 Colley Ave, Norfolk, VA, 23517-1131
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $860K
- **Initial approval:** $860K
- **Forgiven:** $878K (102%)
- **Forgiveness date:** 03/31/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $860K
- **Utilities:** $1
- **Jobs reported:** 91
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*