PPP Loan information for Turbo restaurants, llc

$4,262,240

Turbo restaurants, llc was initially approved for PPP Loan of amount $4,262,240, the current approved amount is $4,262,240. The loan was approved on 04/08/2020 by The Simmons Bank reported 500 jobs and $4,262,240 was used to fund payroll.

Turbo restaurants, llc is Existing or more than 2 years old

TURBO RESTAURANTS, LLC

Date Approved

04/08/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

TURBO RESTAURANTS, LLC

Borrower Address

4515 Lyndon B. Johnson

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75244

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4262240.00

Current Approval Amount

4262240.00

Undisbursed Amount

0.00

Franchise Name

Arby's

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALLAS

Project County Name

DALLAS

Project State

TX

Project Zip

75244-0001

CD

TX-24

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

265560.00

Payroll Proceed

3196680.00

Mortgage Interest Proceed

0.00

Rent Proceed

800000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4311137.36

Forgiveness Date

06/11/2021

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