# PPP loan: THERMO POWER INDUSTRIES
> **$554K** approved 01/25/2021 · Paid in Full · Loan `5077198307`
## Borrower
- **Name:** THERMO POWER INDUSTRIES
- **Address:** 10570 Humbolt St, Los Alamitos, CA, 90720-2439
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $554K
- **Initial approval:** $554K
- **Forgiven:** $559K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $554K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*