PPP Loan information for Turbine controls & excitation group, inc.

$381,700

Turbine controls & excitation group, inc. was initially approved for PPP Loan of amount $381,700, the current approved amount is $381,700. The loan was approved on 04/06/2020 by The Bangor Savings Bank reported 17 jobs and $381,700 was used to fund payroll.

Turbine controls & excitation group, inc. is Existing or more than 2 years old

PPP Loan Search / ME / Yarmouth / Turbine controls & excitation group, inc.

TURBINE CONTROLS & EXCITATION GROUP, INC.

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

TURBINE CONTROLS & EXCITATION GROUP, INC.

Borrower Address

10 Forest Falls Drive, Unit 8A

Borrower City

Yarmouth

Borrower State

ME

Borrower Zip

04032

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

381700.00

Current Approval Amount

381700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yarmouth

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04032-0001

CD

ME-01

Jobs Reported

17

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

381700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

384265.87

Forgiveness Date

12/09/2020

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