# PPP loan: TORREY COMMERCE INC.
> **$214K** approved 04/07/2020 · Paid in Full · Loan `7514717005`
## Borrower
- **Name:** TORREY COMMERCE INC.
- **Address:** 8400 Miramar Rd, Suite 200, SAN DIEGO, CA, 92126-4324
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Health care:** $15K
- **Jobs reported:** 8
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*