PPP Loan information for Industrial turnaround corporation

$8,112,448

Industrial turnaround corporation was initially approved for PPP Loan of amount $8,112,447, the current approved amount is $8,112,448. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 455 jobs and $8,112,448 was used to fund payroll.

Industrial turnaround corporation is Unanswered

PPP Loan Search / VA / CHESTER / Industrial turnaround corporation

INDUSTRIAL TURNAROUND CORPORATION

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INDUSTRIAL TURNAROUND CORPORATION

Borrower Address

13141 North Enon Church Road

Borrower City

CHESTER

Borrower State

VA

Borrower Zip

23836

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8112447.00

Current Approval Amount

8112447.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CHESTER

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23836-2400

CD

VA-04

Jobs Reported

455

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7472447.50

Payroll Proceed

0.00

Mortgage Interest Proceed

0.00

Rent Proceed

305000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

300000.00

Debt Interest Proceed

35000

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8204462.66

Forgiveness Date

06/09/2021

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