PPP Loan information for Torque enterprises, llc

$513,911

Torque enterprises, llc was initially approved for PPP Loan of amount $513,911, the current approved amount is $513,911. The loan was approved on 04/28/2020 by The New Peoples Bank, Inc. reported 33 jobs and $513,911 was used to fund payroll.

Torque enterprises, llc is Existing or more than 2 years old

PPP Loan Search / VA / VANSANT / Torque enterprises, llc

TORQUE ENTERPRISES, LLC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TORQUE ENTERPRISES, LLC

Borrower Address

3179 LOVERS GAP RD

Borrower City

VANSANT

Borrower State

VA

Borrower Zip

24656-7349

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

513911.09

Current Approval Amount

513911.09

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

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

33

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

513911.09

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

520135.12

Forgiveness Date

07/15/2021

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