PPP Loan information for Turnco products, inc.

$57,500

Turnco products, inc. was initially approved for PPP Loan of amount $57,500, the current approved amount is $57,500. The loan was approved on 04/15/2020 by The First Merchants Bank reported 5 jobs and $57,500 was used to fund payroll.

Turnco products, inc. is Existing or more than 2 years old

TURNCO PRODUCTS, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TURNCO PRODUCTS, INC.

Borrower Address

2200 S Halsted St

Borrower City

Chicago Heights

Borrower State

IL

Borrower Zip

60411-4284

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57500.00

Current Approval Amount

57500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicago Heights

Project County Name

COOK

Project State

IL

Project Zip

60411-4284

CD

IL-02

Jobs Reported

5

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57500.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58062.40

Forgiveness Date

04/15/2021

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