PPP Loan information for Turner motor co. inc.

$150,956

Turner motor co. inc. was initially approved for PPP Loan of amount $150,956, the current approved amount is $150,956. The loan was approved on 04/06/2020 by The Marion Bank and Trust Company reported 12 jobs and $150,956 was used to fund payroll.

Turner motor co. inc. is Existing or more than 2 years old

TURNER MOTOR CO. INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TURNER MOTOR CO. INC.

Borrower Address

1800 AL HIGHWAY 14

Borrower City

SELMA

Borrower State

AL

Borrower Zip

36703-1525

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150955.75

Current Approval Amount

150955.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2087

Servicing Lender Name

Marion Bank and Trust Company

Servicing Lender Address

601 Washington St

Servicing Lender City

MARION

Servicing Lender State

AL

Servicing Lender Zip

36756-2527

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SELMA

Project County Name

DALLAS

Project State

AL

Project Zip

36703-1525

CD

AL-07

Jobs Reported

12

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30191.15

Payroll Proceed

120764.60

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

2087

Originating Lender

Marion Bank and Trust Company

Originating Lender City

MARION

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150812.69

Forgiveness Date

03/25/2021

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