PPP Loan information for Torlan distribution inc

$65,900

Torlan distribution inc was initially approved for PPP Loan of amount $65,900, the current approved amount is $65,900. The loan was approved on 04/04/2020 by The Heartland Bank reported 12 jobs and $65,900 was used to fund payroll.

Torlan distribution inc is Existing or more than 2 years old

PPP Loan Search / NE / AURORA / Torlan distribution inc

TORLAN DISTRIBUTION INC

Date Approved

04/04/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

TORLAN DISTRIBUTION INC

Borrower Address

870 S 16TH ST

Borrower City

AURORA

Borrower State

NE

Borrower Zip

68818-7006

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65900.00

Current Approval Amount

65900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42196

Servicing Lender Name

Heartland Bank

Servicing Lender Address

896 'G' St

Servicing Lender City

GENEVA

Servicing Lender State

NE

Servicing Lender Zip

68361

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

HAMILTON

Project State

NE

Project Zip

68818-7006

CD

NE-03

Jobs Reported

12

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6590.00

Payroll Proceed

56000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3310.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

42196

Originating Lender

Heartland Bank

Originating Lender City

GENEVA

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

66288.08

Forgiveness Date

11/05/2020

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