PPP Loan information for Torches design studio, inc

$164,805

Torches design studio, inc was initially approved for PPP Loan of amount $164,805, the current approved amount is $164,805. The loan was approved on 04/11/2020 by The United Bank reported 19 jobs and $164,805 was used to fund payroll.

Torches design studio, inc is Existing or more than 2 years old

PPP Loan Search / NC / DENVER / Torches design studio, inc

TORCHES DESIGN STUDIO, INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TORCHES DESIGN STUDIO, INC

Borrower Address

688 N NC 16 BUSINESS HWY BLDG A

Borrower City

DENVER

Borrower State

NC

Borrower Zip

28037-0140

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164805.00

Current Approval Amount

164805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

CATAWBA

Project State

NC

Project Zip

28037-0140

CD

NC-10

Jobs Reported

19

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164805.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

165963.21

Forgiveness Date

12/31/2020

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