PPP Loan information for Torq corp

$309,972

Torq corp was initially approved for PPP Loan of amount $309,972, the current approved amount is $309,972. The loan was approved on 03/30/2021 by The PNC Bank, National Association reported 28 jobs and $309,972 was used to fund payroll.

Torq corp is Existing or more than 2 years old

TORQ CORP

Date Approved

03/30/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

TORQ CORP

Borrower Address

32 W Monroe Ave 32 W Monroe Ave

Borrower City

Cleveland

Borrower State

OH

Borrower Zip

44146-3649

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

309972.00

Current Approval Amount

309972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44146-3649

CD

OH-11

Jobs Reported

28

NAICS Code

335931

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

309968.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

311797.39

Forgiveness Date

11/01/2021

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