# PPP loan: TORC INVESTMENTS LLC
> **$705K** approved 04/21/2021 · Charged Off · Loan `6999998802`
## Borrower
- **Name:** TORC INVESTMENTS LLC
- **Address:** 3340 Peachtree Rd NE, Atlanta, GA, 30326-1000
- **NAICS:** 531190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $705K
- **Initial approval:** $705K
- **Status:** Charged Off
- **Term:** 33 months
## Use of funds
- **Payroll:** $705K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*