# PPP loan: TORSILIERI, INC.
> **$469K** approved 04/09/2020 · Paid in Full · Loan `1119307101`
## Borrower
- **Name:** TORSILIERI, INC.
- **Address:** 265 Main Street, GLADSTONE, NJ, 07934-2060
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $469K
- **Jobs reported:** 51
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*