PPP Loan information for Torrch, llc

$250,687

Torrch, llc was initially approved for PPP Loan of amount $250,688, the current approved amount is $250,687. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 9 jobs and $250,687 was used to fund payroll.

Torrch, llc is New Business or 2 years or less

PPP Loan Search / MN / ROSEVILLE / Torrch, llc

TORRCH, LLC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TORRCH, LLC

Borrower Address

2355 HIGHWAY W

Borrower City

ROSEVILLE

Borrower State

MN

Borrower Zip

55113

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250688.00

Current Approval Amount

250687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROSEVILLE

Project County Name

RAMSEY

Project State

MN

Project Zip

55113-0001

CD

MN-04

Jobs Reported

9

NAICS Code

999990

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250687.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253583.83

Forgiveness Date

07/06/2021

;