PPP Loan information for Toro-aire inc

$1,010,415

Toro-aire inc was initially approved for PPP Loan of amount $1,010,415, the current approved amount is $1,010,415. The loan was approved on 02/06/2021 by The City National Bank reported 66 jobs and $1,010,415 was used to fund payroll.

Toro-aire inc is Existing or more than 2 years old

PPP Loan Search / CA / Long Beach / Toro-aire inc

TORO-AIRE INC

Date Approved

02/06/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

TORO-AIRE INC

Borrower Address

434 E Broadway

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90802-4906

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1010415.00

Current Approval Amount

1010415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90802-4906

CD

CA-42

Jobs Reported

66

NAICS Code

423730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1010415.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1018686.74

Forgiveness Date

12/22/2021

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