PPP Loan information for Torus inc

$127,900

Torus inc was initially approved for PPP Loan of amount $127,900, the current approved amount is $127,900. The loan was approved on 04/06/2020 by The BankNewport reported 31 jobs and $127,900 was used to fund payroll.

Torus inc is Existing or more than 2 years old

PPP Loan Search / RI / CRANSTON / Torus inc

TORUS INC

Date Approved

04/06/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

TORUS INC

Borrower Address

630 Reservoir Ave

Borrower City

CRANSTON

Borrower State

RI

Borrower Zip

02910-1625

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127900.00

Current Approval Amount

127900.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRANSTON

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02910-1625

CD

RI-02

Jobs Reported

31

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127900.00

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

Subchapter S Corporation

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

129252.59

Forgiveness Date

05/13/2021

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