Tormach, INC

$636,247 PPP Loan in Waunakee, Wisconsin

Loan Details

Loan Number
4645977107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$636,247
Current Approval
$636,247
Forgiveness Amount
$640,326
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tormach, INC
Address
1071 Uniek Drive
ZIP Code
53597-9588
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
WI-02

Loan Use Breakdown

Payroll
$636,247

Lender Information

Servicing Lender
Summit Cu
Originating Lender
Summit Cu

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