PPP Loan information for Torco, inc.

$269,839

Torco, inc. was initially approved for PPP Loan of amount $269,839, the current approved amount is $269,839. The loan was approved on 01/19/2021 by The Southeastern Bank reported 29 jobs and $269,839 was used to fund payroll.

Torco, inc. is Existing or more than 2 years old

PPP Loan Search / GA / Marietta / Torco, inc.

TORCO, INC.

Date Approved

01/19/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

TORCO, INC.

Borrower Address

1330 Old 41 Hwy NW

Borrower City

Marietta

Borrower State

GA

Borrower Zip

30060-7919

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269839.00

Current Approval Amount

269839.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19362

Servicing Lender Name

Southeastern Bank

Servicing Lender Address

1010 North Way St

Servicing Lender City

DARIEN

Servicing Lender State

GA

Servicing Lender Zip

31305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marietta

Project County Name

COBB

Project State

GA

Project Zip

30060-7919

CD

GA-11

Jobs Reported

29

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

269837.00

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

Subchapter S Corporation

Originating Lender Location Id

19362

Originating Lender

Southeastern Bank

Originating Lender City

DARIEN

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

270970.82

Forgiveness Date

06/23/2021

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