Florida Torque Converter, Corp.

$175,100 PPP Loan in Cape Coral, Florida

Loan Details

Loan Number
1573877206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$175,100
Current Approval
$175,100
Forgiveness Amount
$174,208
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Florida Torque Converter, Corp.
Address
906 S 9th St
State
Florida
ZIP Code
33990
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811113)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
FL-19

Loan Use Breakdown

Payroll
$131,325
Rent
$10,944
Utilities
$10,944
Health Care
$10,944
Mortgage Interest
$10,944

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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