PPP Loan information for Torch steel processing llc

$446,430

Torch steel processing llc was initially approved for PPP Loan of amount $446,430, the current approved amount is $446,430. The loan was approved on 03/20/2021 by The PNC Bank, National Association reported 142 jobs and $446,430 was used to fund payroll.

Torch steel processing llc is Existing or more than 2 years old

PPP Loan Search / MI / Flat Rock / Torch steel processing llc

TORCH STEEL PROCESSING LLC

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TORCH STEEL PROCESSING LLC

Borrower Address

24601 Vreeland Rd 24601 Vreeland Rd

Borrower City

Flat Rock

Borrower State

MI

Borrower Zip

48134-9687

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

446430.00

Current Approval Amount

446430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flat Rock

Project County Name

WAYNE

Project State

MI

Project Zip

48134-9687

CD

MI-06

Jobs Reported

142

NAICS Code

331513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

446424.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

451067.91

Forgiveness Date

04/04/2022

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