# PPP loan: TORRENCE RACING LLC
> **$183K** approved 04/04/2020 · Paid in Full · Loan `4962007004`
## Borrower
- **Name:** TORRENCE RACING LLC
- **Address:** 2632 COUNTY ROAD 186, KILGORE, TX, 75662-1201
- **NAICS:** 711212
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Jobs reported:** 15
## Lender
- **Originating:** VeraBank, National Association
- **Servicing:** VeraBank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*