TOROID CORPORATION

Summary of PPP (Paycheck Protection Program) Loan approved to TOROID CORPORATION by Truist Bank d/b/a Branch Banking & Trust Co. The loan was approved on 4/29/2020 in the range of $350,000-1 million.

Business Information

Name:	TOROID CORPORATION 2020 NORTHWOOD DRIVE SALISBURY, MD 21801
Business type:	Corporation Computer and Electronic Product Manufacturing → Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing
Non-profit:	No
Loan amount:	$350,000-1 million (50 Jobs retained)
Date approved:	April 29, 2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.