PPP Loan information for Torque enterprise llc

$518,717

Torque enterprise llc was initially approved for PPP Loan of amount $518,717, the current approved amount is $518,717. The loan was approved on 01/29/2021 by The First Sentinel Bank reported 37 jobs and $518,717 was used to fund payroll.

Torque enterprise llc is Existing or more than 2 years old

TORQUE ENTERPRISE LLC

Date Approved

01/29/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

TORQUE ENTERPRISE LLC

Borrower Address

3179 Lovers Gap Rd

Borrower City

Vansant

Borrower State

VA

Borrower Zip

24656-7349

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

518717.35

Current Approval Amount

518717.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117711

Servicing Lender Name

First Sentinel Bank

Servicing Lender Address

315 Railroad Ave

Servicing Lender City

RICHLANDS

Servicing Lender State

VA

Servicing Lender Zip

24641-2448

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vansant

Project County Name

BUCHANAN

Project State

VA

Project Zip

24656-7349

CD

VA-09

Jobs Reported

37

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

518715.35

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

117711

Originating Lender

First Sentinel Bank

Originating Lender City

RICHLANDS

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

525316.59

Forgiveness Date

05/09/2022

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