PPP Loan information for Torch lake service inc.

$25,180

Torch lake service inc. was initially approved for PPP Loan of amount $25,180, the current approved amount is $25,180. The loan was approved on 04/06/2020 by The Superior National Bank reported 6 jobs and $25,180 was used to fund payroll.

Torch lake service inc. is Existing or more than 2 years old

PPP Loan Search / MI / LAKE LINDEN / Torch lake service inc.

TORCH LAKE SERVICE INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TORCH LAKE SERVICE INC.

Borrower Address

420 Calumet Street

Borrower City

LAKE LINDEN

Borrower State

MI

Borrower Zip

49945-1023

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25180.00

Current Approval Amount

25180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE LINDEN

Project County Name

HOUGHTON

Project State

MI

Project Zip

49945-1023

CD

MI-01

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

180.00

Payroll Proceed

20000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25442.84

Forgiveness Date

05/03/2021

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