PPP Loan information for Turbo air, inc.

$2,011,917

Turbo air, inc. was initially approved for PPP Loan of amount $2,011,917, the current approved amount is $2,011,917. The loan was approved on 04/07/2020 by The City National Bank reported 190 jobs and $2,011,917 was used to fund payroll.

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

TURBO AIR, INC.

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

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

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2011917.00

Current Approval Amount

2011917.00

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

190

NAICS Code

333415

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1626147.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

385770.00

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

2034461.49

Forgiveness Date

06/11/2021

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