PPP Loan information for Torch prep llc

$112,320

Torch prep llc was initially approved for PPP Loan of amount $112,320, the current approved amount is $112,320. The loan was approved on 03/12/2021 by The Truist Bank reported 25 jobs and $112,320 was used to fund payroll.

Torch prep llc is Existing or more than 2 years old

TORCH PREP LLC

Date Approved

03/12/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

TORCH PREP LLC

Borrower Address

901 John St

Borrower City

Newport

Borrower State

KY

Borrower Zip

41071-2111

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112320.00

Current Approval Amount

112320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

CAMPBELL

Project State

KY

Project Zip

41071-2111

CD

KY-04

Jobs Reported

25

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112317.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113000.16

Forgiveness Date

10/20/2021

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