PPP Loan information for Torq/lite llc

$317,578

Torq/lite llc was initially approved for PPP Loan of amount $317,578, the current approved amount is $317,578. The loan was approved on 01/27/2021 by The BankPlus reported 25 jobs and $317,578 was used to fund payroll.

Torq/lite llc is Existing or more than 2 years old

TORQ/LITE LLC

Date Approved

01/27/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

TORQ/LITE LLC

Borrower Address

8 Dufresene Loop

Borrower City

Luling

Borrower State

LA

Borrower Zip

70070-6201

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

317578.00

Current Approval Amount

317578.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Luling

Project County Name

SAINT CHARLES

Project State

LA

Project Zip

70070-6201

CD

LA-02

Jobs Reported

25

NAICS Code

333132

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

317573.00

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

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

321847.66

Forgiveness Date

05/31/2022

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