PPP Loan information for Torquemotive, llc
$15,625
Torquemotive, llc was initially approved for PPP Loan of amount $15,625, the current approved amount is $15,625. The loan was approved on 04/29/2020 by The WebBank reported 1 jobs and $15,625 was used to fund payroll.
Torquemotive, llc is Existing or more than 2 years old
TORQUEMOTIVE, LLC
Date Approved
04/29/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
TORQUEMOTIVE, LLC
Borrower Address
4017 N Walnut Ave
Borrower City
Arlington Heights
Borrower State
IL
Borrower Zip
60004
Loan Status Date
06/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
15625.00
Current Approval Amount
15625.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122043
Servicing Lender Name
WebBank
Servicing Lender Address
215 S State St, Ste 1000
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-2336
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Arlington Heights
Project County Name
COOK
Project State
IL
Project Zip
60004-0001
CD
IL-05
Jobs Reported
1
NAICS Code
423110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
15625.00
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
Sole Proprietorship
Originating Lender Location Id
122043
Originating Lender
WebBank
Originating Lender City
SALT LAKE CITY
Originating Lender State
UT
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
15789.06
Forgiveness Date
05/13/2021