PPP Loan information for Performance torque converters llc

$171,800

Performance torque converters llc was initially approved for PPP Loan of amount $171,800, the current approved amount is $171,800. The loan was approved on 05/01/2020 by The Regions Bank reported 23 jobs and $171,800 was used to fund payroll.

Performance torque converters llc is Existing or more than 2 years old

PERFORMANCE TORQUE CONVERTERS LLC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PERFORMANCE TORQUE CONVERTERS LLC

Borrower Address

2717 EAST AVALON AVE,

Borrower City

Muscle Shoals

Borrower State

AL

Borrower Zip

35661

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171800.00

Current Approval Amount

171800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muscle Shoals

Project County Name

COLBERT

Project State

AL

Project Zip

35661-0099

CD

AL-04

Jobs Reported

23

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173084.97

Forgiveness Date

02/09/2021

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