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
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
Servicing Lender Zip
49640-9407
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
13602.56
Forgiveness Date
11/12/2020