PPP Loan information for Torus park avenue inc

$101,300

Torus park avenue inc was initially approved for PPP Loan of amount $101,300, the current approved amount is $101,300. The loan was approved on 04/06/2020 by The BankNewport reported 20 jobs and $101,300 was used to fund payroll.

Torus park avenue inc is Existing or more than 2 years old

TORUS PARK AVENUE INC

Date Approved

04/06/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

TORUS PARK AVENUE INC

Borrower Address

1111 Park Ave

Borrower City

CRANSTON

Borrower State

RI

Borrower Zip

02910-3145

Loan Status Date

08/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101300.00

Current Approval Amount

101300.00

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

02910-3145

CD

RI-02

Jobs Reported

20

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

101300.00

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

Non-Veteran

Non Profit

Forgiveness Amount

102371.28

Forgiveness Date

05/13/2021

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