PPP Loan information for Torrington properties inc.

$128,400

Torrington properties inc. was initially approved for PPP Loan of amount $128,400, the current approved amount is $128,400. The loan was approved on 04/04/2020 by The Mechanics Cooperative Bank reported 17 jobs and $128,400 was used to fund payroll.

Torrington properties inc. is Existing or more than 2 years old

TORRINGTON PROPERTIES INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TORRINGTON PROPERTIES INC.

Borrower Address

11 ELKINS ST Ste 420

Borrower City

SOUTH BOSTON

Borrower State

MA

Borrower Zip

02127-1601

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128400.00

Current Approval Amount

128400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BOSTON

Project County Name

SUFFOLK

Project State

MA

Project Zip

02127-1601

CD

MA-08

Jobs Reported

17

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

128400.00

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

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129156.13

Forgiveness Date

11/10/2020

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