PPP Loan information for Turbine technologies inc

$1,144,339

Turbine technologies inc was initially approved for PPP Loan of amount $1,144,339, the current approved amount is $1,144,339. The loan was approved on 02/12/2021 by The New Valley Bank & Trust reported 59 jobs and $1,144,339 was used to fund payroll.

Turbine technologies inc is Existing or more than 2 years old

PPP Loan Search / CT / Farmington / Turbine technologies inc

TURBINE TECHNOLOGIES INC

Date Approved

02/12/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

TURBINE TECHNOLOGIES INC

Borrower Address

126 Hyde Rd

Borrower City

Farmington

Borrower State

CT

Borrower Zip

06032-2866

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1144339.18

Current Approval Amount

1144339.18

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

HARTFORD

Project State

CT

Project Zip

06032-2866

CD

CT-05

Jobs Reported

59

NAICS Code

336412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1144337.18

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

Corporation

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1148258.15

Forgiveness Date

06/23/2021

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