# PPP loan: TOREN CORPORATION
> **$228K** approved 04/06/2020 · Paid in Full · Loan `6299517006`
## Borrower
- **Name:** TOREN CORPORATION
- **Address:** 4818 W BERENICE AVE, CHICAGO, IL, 60641-3501
- **NAICS:** 448190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $6K
- **Utilities:** $2K
- **Jobs reported:** 4
## Lender
- **Originating:** North Side Federal Savings & Loan Association of Chicago
- **Servicing:** North Side Federal Savings & Loan Association of Chicago (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*