PPP Loan information for Turbo components, inc.

$328,100

Turbo components, inc. was initially approved for PPP Loan of amount $328,100, the current approved amount is $328,100. The loan was approved on 04/27/2020 by The Comerica Bank reported 41 jobs and $328,100 was used to fund payroll.

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

TURBO COMPONENTS, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TURBO COMPONENTS, INC.

Borrower Address

14680 Apple Drive

Borrower City

Fruitport

Borrower State

MI

Borrower Zip

49415-9511

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328100.00

Current Approval Amount

328100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fruitport

Project County Name

OTTAWA

Project State

MI

Project Zip

49415-9511

CD

MI-02

Jobs Reported

41

NAICS Code

331524

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262537.60

Mortgage Interest Proceed

65562.40

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

332365.30

Forgiveness Date

08/10/2021

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