PPP Loan information for Southern torque & test inc

$74,723

Southern torque & test inc was initially approved for PPP Loan of amount $74,723, the current approved amount is $74,723. The loan was approved on 03/24/2021 by The Centennial Bank reported 8 jobs and $74,723 was used to fund payroll.

Southern torque & test inc is Existing or more than 2 years old

SOUTHERN TORQUE & TEST INC

Date Approved

03/24/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

SOUTHERN TORQUE & TEST INC

Borrower Address

94 Oakland Rd

Borrower City

Sherwood

Borrower State

AR

Borrower Zip

72120-9617

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74722.50

Current Approval Amount

74722.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sherwood

Project County Name

FAULKNER

Project State

AR

Project Zip

72120-9617

CD

AR-02

Jobs Reported

8

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74722.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75318.23

Forgiveness Date

01/11/2022

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