PPP Loan information for Torchlight hire llc

$975,000

Torchlight hire llc was initially approved for PPP Loan of amount $975,000, the current approved amount is $975,000. The loan was approved on 04/07/2020 by The Burke & Herbert Bank & Trust Company reported 54 jobs and $975,000 was used to fund payroll.

Torchlight hire llc is Existing or more than 2 years old

TORCHLIGHT HIRE LLC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

TORCHLIGHT HIRE LLC

Borrower Address

2308 Mt Vernon Ave #754

Borrower City

ALEXANDRIA

Borrower State

VA

Borrower Zip

22301-1328

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

975000.00

Current Approval Amount

975000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22301-1328

CD

VA-08

Jobs Reported

54

NAICS Code

561311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

975000.00

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

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

980525.00

Forgiveness Date

11/12/2020

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