PPP Loan information for Torch 85 travel center, llc

$37,382

Torch 85 travel center, llc was initially approved for PPP Loan of amount $37,382, the current approved amount is $37,382. The loan was approved on 05/04/2020 by The Valley National Bank reported 18 jobs and $37,382 was used to fund payroll.

Torch 85 travel center, llc is Existing or more than 2 years old

TORCH 85 TRAVEL CENTER, LLC

Date Approved

05/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TORCH 85 TRAVEL CENTER, LLC

Borrower Address

3903 County Road 53

Borrower City

Tuskegee

Borrower State

AL

Borrower Zip

36083

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37382.00

Current Approval Amount

37382.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tuskegee

Project County Name

MACON

Project State

AL

Project Zip

36083-0001

CD

AL-03

Jobs Reported

18

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37382.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37938.58

Forgiveness Date

10/27/2021

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