PPP Loan information for Toro-aire, inc.

$1,038,017

Toro-aire, inc. was initially approved for PPP Loan of amount $1,038,017, the current approved amount is $1,038,017. The loan was approved on 04/08/2020 by The City National Bank reported 68 jobs and $1,038,017 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

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

TORO-AIRE, INC.

Borrower Address

434 E BROADWAY

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90802-4906

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1038017.00

Current Approval Amount

1038017.00

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

68

NAICS Code

423730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

883260.00

Mortgage Interest Proceed

0.00

Rent Proceed

99744.00

Refinance EIDL Proceed

0.00

Health Care Proceed

55013.00

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

1050899.79

Forgiveness Date

07/20/2021

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