PPP Loan information for Turnamics inc.

$448,200

Turnamics inc. was initially approved for PPP Loan of amount $448,200, the current approved amount is $448,200. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 44 jobs and $448,200 was used to fund payroll.

Turnamics inc. is New Business or 2 years or less

TURNAMICS INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TURNAMICS INC.

Borrower Address

25 Old County Home Rd

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28806-1916

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448200.00

Current Approval Amount

448200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28806-1916

CD

NC-11

Jobs Reported

44

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

448200.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

452411.85

Forgiveness Date

04/12/2021

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