# PPP loan: TORRES GENERAL INC
> **$2.35M** approved 05/01/2020 · Exemption 4 · Loan `5055957705`
## Borrower
- **Name:** TORRES GENERAL INC
- **Address:** 9484 Mission Park Pl, Santee, CA, 92071
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.35M
- **Initial approval:** $2.35M
- **Forgiven:** $1.81M (77%)
- **Forgiveness date:** 06/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.35M
- **Jobs reported:** 301
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*