# PPP loan: TORCHIATI LLC
> **$762K** approved 01/25/2021 · Paid in Full · Loan `5201388303`
## Borrower
- **Name:** TORCHIATI LLC
- **Address:** 3040 Estero Blvd, Fort Myers Beach, FL, 33931-3610
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $762K
- **Initial approval:** $762K
- **Forgiven:** $767K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $762K
- **Utilities:** $1
- **Jobs reported:** 66
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*