PPP Loan information for Torvic company

$488,300

Torvic company was initially approved for PPP Loan of amount $488,300, the current approved amount is $488,300. The loan was approved on 04/06/2020 by The City National Bank of Florida reported 153 jobs and $488,300 was used to fund payroll.

Torvic company is Existing or more than 2 years old

TORVIC COMPANY

Date Approved

04/06/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

TORVIC COMPANY

Borrower Address

2295 COBURG RD Suite 103

Borrower City

EUGENE

Borrower State

OR

Borrower Zip

97401-4959

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488300.00

Current Approval Amount

488300.00

Undisbursed Amount

0.00

Franchise Name

Little Caesars

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EUGENE

Project County Name

LANE

Project State

OR

Project Zip

97401-4959

CD

OR-04

Jobs Reported

153

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

122075.00

Payroll Proceed

366225.00

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

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

495055.93

Forgiveness Date

09/08/2021

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