PPP Loan information for Torque tools inc

$217,750

Torque tools inc was initially approved for PPP Loan of amount $217,750, the current approved amount is $217,750. The loan was approved on 03/12/2021 by The Bank of America, National Association reported 17 jobs and $217,750 was used to fund payroll.

Torque tools inc is Existing or more than 2 years old

PPP Loan Search / TX / Tomball / Torque tools inc

TORQUE TOOLS INC

Date Approved

03/12/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

TORQUE TOOLS INC

Borrower Address

9421 FM 2920 Rd Bldg 2

Borrower City

Tomball

Borrower State

TX

Borrower Zip

77375-8948

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

217750.00

Current Approval Amount

217750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tomball

Project County Name

HARRIS

Project State

TX

Project Zip

77375-8948

CD

TX-10

Jobs Reported

17

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

217748.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

219307.06

Forgiveness Date

12/02/2021

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