PPP Loan information for Torch timber group inc.

$65,142

Torch timber group inc. was initially approved for PPP Loan of amount $65,142, the current approved amount is $65,142. The loan was approved on 02/08/2021 by The Alden State Bank reported 10 jobs and $65,142 was used to fund payroll.

Torch timber group inc. is Existing or more than 2 years old

TORCH TIMBER GROUP INC.

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TORCH TIMBER GROUP INC.

Borrower Address

10716 Coy Street

Borrower City

Alden

Borrower State

MI

Borrower Zip

49612

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65142.00

Current Approval Amount

65142.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33523

Servicing Lender Name

Alden State Bank

Servicing Lender Address

10564 Coy St

Servicing Lender City

ALDEN

Servicing Lender State

MI

Servicing Lender Zip

49612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alden

Project County Name

ANTRIM

Project State

MI

Project Zip

49612

CD

MI-01

Jobs Reported

10

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

65139.00

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

Corporation

Originating Lender Location Id

33523

Originating Lender

Alden State Bank

Originating Lender City

ALDEN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65368.19

Forgiveness Date

06/15/2021

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