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Torrence Branch

Chicago, IL 60628

The loans, in SBA’s record

$51,050
Approved
The amount of every loan as it now stands, added together.
3
Loans
2 first draws and 1 second draw.
$31,150
Forgiven
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $51,050
By the amount SBA approved, ranks 2,414,568th of 10,688,106 borrowers nationally, 97,368th of 569,128 in Illinois and 43,502nd of 300,574 in the project’s county, Cook, IL. Larger than 77% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Torrence Branch, as SBA recorded them
Approved onAmountStatus
February 14, 2021$15,500Paid in Full
April 3, 2021$15,500Paid in Full
April 19, 2021$20,050Charged Off

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved