PPP Loan information for Tore electric company, inc

$5,337,045

Tore electric company, inc was initially approved for PPP Loan of amount $5,337,045, the current approved amount is $5,337,045. The loan was approved on 04/06/2020 by The Columbia Bank reported 164 jobs and $5,337,045 was used to fund payroll.

Tore electric company, inc is Existing or more than 2 years old

PPP Loan Search / NJ / DOVER / Tore electric company, inc

TORE ELECTRIC COMPANY, INC

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TORE ELECTRIC COMPANY, INC

Borrower Address

85 FRANKLIN RD

Borrower City

DOVER

Borrower State

NJ

Borrower Zip

07801-5600

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5337045.00

Current Approval Amount

5337045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80189

Servicing Lender Name

Columbia Bank

Servicing Lender Address

19-01 Rte 208 N

Servicing Lender City

FAIR LAWN

Servicing Lender State

NJ

Servicing Lender Zip

07410-2832

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

07801-5600

CD

NJ-11

Jobs Reported

164

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5337045.00

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

5398457.57

Forgiveness Date

06/11/2021

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