PPP Loan information for Turbo power inc

$219,907

Turbo power inc was initially approved for PPP Loan of amount $219,907, the current approved amount is $219,907. The loan was approved on 04/14/2020 by The JPMorgan Chase Bank, National Association reported 12 jobs and $219,907 was used to fund payroll.

Turbo power inc is Existing or more than 2 years old

PPP Loan Search / NY / FLUSHING / Turbo power inc

TURBO POWER INC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

TURBO POWER INC

Borrower Address

31-40 DOWNING STREET 0.0

Borrower City

FLUSHING

Borrower State

NY

Borrower Zip

11354-1909

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219907.00

Current Approval Amount

219907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLUSHING

Project County Name

QUEENS

Project State

NY

Project Zip

11354-1909

CD

NY-06

Jobs Reported

12

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175926.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3981.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222732.56

Forgiveness Date

08/02/2021

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