PPP Loan information for Torch research llc

$454,300

Torch research llc was initially approved for PPP Loan of amount $454,300, the current approved amount is $454,300. The loan was approved on 04/09/2020 by The First Business Bank reported 26 jobs and $454,300 was used to fund payroll.

Torch research llc is Existing or more than 2 years old

TORCH RESEARCH LLC

Date Approved

04/09/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

TORCH RESEARCH LLC

Borrower Address

4303 W 119th St

Borrower City

LEAWOOD

Borrower State

KS

Borrower Zip

66209-1515

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454300.00

Current Approval Amount

454300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEAWOOD

Project County Name

JOHNSON

Project State

KS

Project Zip

66209-1515

CD

KS-03

Jobs Reported

26

NAICS Code

511120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

454300.00

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

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

456764.42

Forgiveness Date

11/05/2020

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