# PPP loan: THOMAS ELECTRICAL INC
> **$361K** approved 04/15/2020 · Paid in Full · Loan `8453707100`
## Borrower
- **Name:** THOMAS ELECTRICAL INC
- **Address:** 4363 S 35th Street Suite 1, PHOENIX, AZ, 85040
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Jobs reported:** 35
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*