PPP Loan information for Turbo air inc.

$2,000,000

Turbo air inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/26/2021 by The City National Bank reported 173 jobs and $2,000,000 was used to fund payroll.

Turbo air inc. is Existing or more than 2 years old

PPP Loan Search / CA / Long Beach / Turbo air inc.

TURBO AIR INC.

Date Approved

02/26/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

TURBO AIR INC.

Borrower Address

4184 E Conant St

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90808-1789

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90808-1789

CD

CA-42

Jobs Reported

173

NAICS Code

423830

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2020493.15

Forgiveness Date

03/08/2022

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