PPP Loan information for Turn on products, inc.

$1,980,725

Turn on products, inc. was initially approved for PPP Loan of amount $1,980,725, the current approved amount is $1,980,725. The loan was approved on 04/14/2020 by The First-Citizens Bank & Trust Company reported 90 jobs and $1,980,725 was used to fund payroll.

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

TURN ON PRODUCTS, INC.

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

TURN ON PRODUCTS, INC.

Borrower Address

48 west 37th street 5th floor

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10018-7487

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1980725.00

Current Approval Amount

1980725.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK

Project County Name

NEW YORK

Project State

NY

Project Zip

10018-7487

CD

NY-12

Jobs Reported

90

NAICS Code

424330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

1680725.00

Mortgage Interest Proceed

0.00

Rent Proceed

140000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

150000.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2002623.02

Forgiveness Date

05/21/2021

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