PPP Loan information for Torque & assembly solutions llc

$92,863

Torque & assembly solutions llc was initially approved for PPP Loan of amount $92,863, the current approved amount is $92,863. The loan was approved on 02/27/2021 by The Community Bank of Mississippi reported 7 jobs and $92,863 was used to fund payroll.

Torque & assembly solutions llc is Existing or more than 2 years old

TORQUE & ASSEMBLY SOLUTIONS LLC

Date Approved

02/27/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

TORQUE & ASSEMBLY SOLUTIONS LLC

Borrower Address

2394 Highway 49 S

Borrower City

Florence

Borrower State

MS

Borrower Zip

39073-9419

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92862.50

Current Approval Amount

92862.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

RANKIN

Project State

MS

Project Zip

39073-9419

CD

MS-03

Jobs Reported

7

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92862.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93562.15

Forgiveness Date

12/09/2021

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