PPP Loan information for Torrance brewing co inc

$201,411

Torrance brewing co inc was initially approved for PPP Loan of amount $201,411, the current approved amount is $201,411. The loan was approved on 02/12/2021 by The Bank of America, National Association reported 28 jobs and $201,411 was used to fund payroll.

Torrance brewing co inc is Existing or more than 2 years old

PPP Loan Search / CA / Torrance / Torrance brewing co inc

TORRANCE BREWING CO INC

Date Approved

02/12/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

TORRANCE BREWING CO INC

Borrower Address

1266 Sartori Ave

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90501-2717

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201411.00

Current Approval Amount

201411.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Torrance

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90501-2717

CD

CA-43

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

201406.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203055.40

Forgiveness Date

12/09/2021

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