# PPP loan: TORCHLIGHT HIRE LLC
> **$975K** approved 04/07/2020 · Paid in Full · Loan `6517327007`
## Borrower
- **Name:** TORCHLIGHT HIRE LLC
- **Address:** 2308 Mt Vernon Ave #754, ALEXANDRIA, VA, 22301-1328
- **NAICS:** 561311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $975K
- **Initial approval:** $975K
- **Forgiven:** $981K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $975K
- **Jobs reported:** 54
## Lender
- **Originating:** Burke & Herbert Bank & Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*