# PPP loan: TORRANCE BCD INC
> **$272K** approved 02/09/2021 · Paid in Full · Loan `5881058410`
## Borrower
- **Name:** TORRANCE BCD INC
- **Address:** 1607 Sepulveda Blvd, Torrance, CA, 90501-5104
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $301K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*