PPP Loan information for Florida torque converter, corp.

$175,100

Florida torque converter, corp. was initially approved for PPP Loan of amount $175,100, the current approved amount is $175,100. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 24 jobs and $175,100 was used to fund payroll.

Florida torque converter, corp. is Existing or more than 2 years old

PPP Loan Search / FL / CAPE CORAL / Florida torque converter, corp.

FLORIDA TORQUE CONVERTER, CORP.

Date Approved

04/15/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

FLORIDA TORQUE CONVERTER, CORP.

Borrower Address

906 S 9th St

Borrower City

CAPE CORAL

Borrower State

FL

Borrower Zip

33990

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175100.00

Current Approval Amount

175100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAPE CORAL

Project County Name

LEE

Project State

FL

Project Zip

33990-0500

CD

FL-19

Jobs Reported

24

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10943.75

Payroll Proceed

131325.00

Mortgage Interest Proceed

10943.75

Rent Proceed

10943.75

Refinance EIDL Proceed

0.00

Health Care Proceed

10943.75

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174208.00

Forgiveness Date

03/03/2021

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