PPP Loan information for Torco sales, incorporated

$13,542

Torco sales, incorporated was initially approved for PPP Loan of amount $13,542, the current approved amount is $13,542. The loan was approved on 06/01/2020 by The Honor Bank reported 1 jobs and $13,542 was used to fund payroll.

Torco sales, incorporated is Existing or more than 2 years old

TORCO SALES, INCORPORATED

Date Approved

06/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TORCO SALES, INCORPORATED

Borrower Address

411 Coolidge Road

Borrower City

Birmingham

Borrower State

MI

Borrower Zip

48009

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13542.00

Current Approval Amount

13542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-0899

CD

MI-11

Jobs Reported

1

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1542.00

Payroll Proceed

12000.00

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

Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

13602.56

Forgiveness Date

11/12/2020

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