Date Approved
04/12/2020
SBA Office Code
0914
Processing Method
PPP
Borrower Name
TURNER ELECTRIC INC.
Borrower Address
105 South Quarantina St
Borrower City
SANTA BARBARA
Borrower State
CA
Borrower Zip
93103-3633
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
124032.00
Current Approval Amount
121430.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
CA-24
Jobs Reported
8
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
850.00
Payroll Proceed
101948.00
Mortgage Interest Proceed
Rent Proceed
11400.00
Refinance EIDL Proceed
Health Care Proceed
6732.00
Debt Interest Proceed
500
Business Type
Subchapter S Corporation
Originating Lender Location Id
90426
Originating Lender
Pacific Premier Bank
Originating Lender City
IRVINE
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
103416.06
Forgiveness Date
12/02/2020