Torotel Products, Inc.
$1,984,688 PPP Loan in Olathe, Kansas
Loan Details
- Loan Number
- 7064727010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,984,688
- Current Approval
- $1,984,688
- Forgiveness Amount
- $1,932,960
- Forgiveness Date
- Jun 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $1,488,516
- Utilities
- $248,086
- Refinance EIDL
- $248,086
Lender Information
- Servicing Lender
- Cornerstone Bank
- Originating Lender
- Cornerstone Bank
Other PPP Loans in Olathe, KS
| Business | Approved | |
|---|---|---|
| Bickford Senior Living Group LLC | $10,000,000 | |
| Kvc Behavioral Healthcare, Inc. | $5,881,900 | |
| Labor Source | $5,483,200 | |
| Paydayz Staffing Solutions, Inc. | $3,205,400 | |
| Kvc Hospitals, Inc. | $3,183,400 |
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