PPP borrower record
TOROTEL PRODUCTS, INC. PPP loan record
Public SBA PPP loan record for TOROTEL PRODUCTS, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,984,688
Approved amount
$1,932,960
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
TOROTEL PRODUCTS, INC.
Loan number
7064727010
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Olathe
Borrower state
Kansas
Borrower ZIP
66062
Jobs reported
170
Loan status
Exemption 4
Forgiveness date
2021-06-25
Servicing lender
Cornerstone Bank
Originating lender
Cornerstone Bank
Reported use of proceeds
Payroll
$1,488,516
Rent
N/A
Utilities
$248,086
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.