# PPP loan: RJ TORCHING INC.
> **$611K** approved 01/20/2021 · Paid in Full · Loan `1989998305`
## Borrower
- **Name:** RJ TORCHING INC.
- **Address:** 5061 Energy Dr, Flint, MI, 48505-1836
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $613K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $611K
- **Jobs reported:** 44
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*