PPP Loan information for Torrence read & forehand auctions llc

$49,922

Torrence read & forehand auctions llc was initially approved for PPP Loan of amount $49,922, the current approved amount is $49,922. The loan was approved on 02/04/2021 by The The First Bank and Trust Company reported 4 jobs and $49,922 was used to fund payroll.

Torrence read & forehand auctions llc is Existing or more than 2 years old

PPP Loan Search / VA / Forest / Torrence read & forehand auctions llc

TORRENCE READ & FOREHAND AUCTIONS LLC

Date Approved

02/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

TORRENCE READ & FOREHAND AUCTIONS LLC

Borrower Address

101 Annjo Ct

Borrower City

Forest

Borrower State

VA

Borrower Zip

24551-2631

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49922.00

Current Approval Amount

49922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Forest

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-2631

CD

VA-05

Jobs Reported

4

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49922.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50437.86

Forgiveness Date

03/23/2022

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