PPP Loan information for Tore electric company

$2,000,000

Tore electric company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The Loan Source Incorporated reported 133 jobs and $2,000,000 was used to fund payroll.

Tore electric company is Existing or more than 2 years old

PPP Loan Search / NJ / Dover / Tore electric company

TORE ELECTRIC COMPANY

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TORE ELECTRIC COMPANY

Borrower Address

85 Franklin Rd Ste 4A

Borrower City

Dover

Borrower State

NJ

Borrower Zip

07801-5632

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dover

Project County Name

MORRIS

Project State

NJ

Project Zip

07801-5632

CD

NJ-11

Jobs Reported

133

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2014904.11

Forgiveness Date

11/19/2021

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