# PPP loan: THERMAL ELECTRONICS INC
> **$375K** approved 02/13/2021 · Paid in Full · Loan `8292798404`
## Borrower
- **Name:** THERMAL ELECTRONICS INC
- **Address:** 403 W Minthorn St, Lake Elsinore, CA, 92530-2801
- **NAICS:** 334419
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $375K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*