# PPP loan: AMERICAN TORCH TIP COMPANY
> **$1.37M** approved 04/10/2020 · Paid in Full · Loan `2231997103`
## Borrower
- **Name:** AMERICAN TORCH TIP COMPANY
- **Address:** 6212 29th st east, BRADENTON, FL, 34203-5304
- **NAICS:** 333992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.38M (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.37M
- **Jobs reported:** 117
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*