PPP Loan information for Torch associates, llc

$24,905

Torch associates, llc was initially approved for PPP Loan of amount $24,905, the current approved amount is $24,905. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 1 jobs and $24,905 was used to fund payroll.

Torch associates, llc is Existing or more than 2 years old

TORCH ASSOCIATES, LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TORCH ASSOCIATES, LLC

Borrower Address

212 SHAGBARK DR

Borrower City

ROCHESTER HILLS

Borrower State

MI

Borrower Zip

48309

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24905.00

Current Approval Amount

24905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-0899

CD

MI-10

Jobs Reported

1

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

267.00

Payroll Proceed

23638.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22408.72

Forgiveness Date

03/22/2021

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