PPP Loan information for Turbo diesel & electric systems inc.

$804,772

Turbo diesel & electric systems inc. was initially approved for PPP Loan of amount $804,800, the current approved amount is $804,772. The loan was approved on 04/14/2020 by The Truist Bank reported 71 jobs and $804,772 was used to fund payroll.

Turbo diesel & electric systems inc. is Existing or more than 2 years old

PPP Loan Search / GA / FOREST PARK / Turbo diesel & electric systems inc.

TURBO DIESEL & ELECTRIC SYSTEMS INC.

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

TURBO DIESEL & ELECTRIC SYSTEMS INC.

Borrower Address

231 MAIN ST

Borrower City

FOREST PARK

Borrower State

GA

Borrower Zip

30297-1759

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

804800.00

Current Approval Amount

804772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST PARK

Project County Name

CLAYTON

Project State

GA

Project Zip

30297-1759

CD

GA-05

Jobs Reported

71

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

804772.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

812775.01

Forgiveness Date

04/21/2021

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