PPP Loan information for Torma management, llc

$129,750

Torma management, llc was initially approved for PPP Loan of amount $129,750, the current approved amount is $129,750. The loan was approved on 04/08/2020 by The Republic First Bank d/b/a Republic Bank reported 9 jobs and $129,750 was used to fund payroll.

Torma management, llc is Existing or more than 2 years old

TORMA MANAGEMENT, LLC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TORMA MANAGEMENT, LLC

Borrower Address

822 Boardwalk Suite D

Borrower City

Ocean City

Borrower State

NJ

Borrower Zip

08226-3633

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129750.00

Current Approval Amount

129750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08226-3633

CD

NJ-02

Jobs Reported

9

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129750.00

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

Partnership

Originating Lender Location Id

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130663.58

Forgiveness Date

01/07/2021

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