PPP Loan information for Torch development llc

$51,488

Torch development llc was initially approved for PPP Loan of amount $51,488, the current approved amount is $51,488. The loan was approved on 04/30/2020 by The The State Bank reported 4 jobs and $51,488 was used to fund payroll.

Torch development llc is Unanswered

PPP Loan Search / MI / CLINTON TOWNSHIP / Torch development llc

TORCH DEVELOPMENT LLC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TORCH DEVELOPMENT LLC

Borrower Address

43900 GARFIELD RD

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48038-1128

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51488.00

Current Approval Amount

51488.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48038-1128

CD

MI-10

Jobs Reported

4

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51488.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52159.46

Forgiveness Date

08/27/2021

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