PPP Loan information for Turning point inc.

$377,800

Turning point inc. was initially approved for PPP Loan of amount $377,800, the current approved amount is $377,800. The loan was approved on 04/28/2020 by The Prime Security Bank reported 41 jobs and $377,800 was used to fund payroll.

Turning point inc. is Existing or more than 2 years old

TURNING POINT INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TURNING POINT INC.

Borrower Address

1500 Golden Valley Road

Borrower City

Golden Valley

Borrower State

MN

Borrower Zip

55440

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

377800.00

Current Approval Amount

377800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38270

Servicing Lender Name

Prime Security Bank

Servicing Lender Address

201 Main St

Servicing Lender City

KARLSTAD

Servicing Lender State

MN

Servicing Lender Zip

56732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Golden Valley

Project County Name

HENNEPIN

Project State

MN

Project Zip

55440-0003

CD

MN-05

Jobs Reported

41

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

377800.00

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

Non-Profit Organization

Originating Lender Location Id

38270

Originating Lender

Prime Security Bank

Originating Lender City

KARLSTAD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

381315.64

Forgiveness Date

04/14/2021

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