PPP Loan information for Team torque, inc.

$239,600

Team torque, inc. was initially approved for PPP Loan of amount $239,600, the current approved amount is $239,600. The loan was approved on 04/13/2020 by The BNC National Bank reported 21 jobs and $239,600 was used to fund payroll.

Team torque, inc. is Existing or more than 2 years old

PPP Loan Search / ND / BISMARCK / Team torque, inc.

TEAM TORQUE, INC.

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

TEAM TORQUE, INC.

Borrower Address

1231 Park Ave

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58504-6769

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239600.00

Current Approval Amount

239600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58504-6769

CD

ND-

Jobs Reported

21

NAICS Code

541380

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

197200.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21400.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

241802.99

Forgiveness Date

03/17/2021

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