# PPP loan: POWER TORQUE INC
> **$382K** approved 04/13/2020 · Paid in Full · Loan `4311047110`
## Borrower
- **Name:** POWER TORQUE INC
- **Address:** 425 Old State Road, Ellisville, MO, 63021
- **NAICS:** 333999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $360K (94%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Jobs reported:** 28
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*