# PPP loan: THOMPSON INDUSTRIES INC.
> **$189K** approved 04/07/2020 · Paid in Full · Loan `7179167008`
## Borrower
- **Name:** THOMPSON INDUSTRIES INC.
- **Address:** 1018 CROSBY AVE, SYCAMORE, IL, 60178-1348
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $16K
- **Utilities:** $5K
- **Debt interest:** $1K
- **Jobs reported:** 22
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*