# PPP loan: TURNER DEVELOPMENT CO. INC.
> **$237K** approved 02/03/2021 · Paid in Full · Loan `2080488406`
## Borrower
- **Name:** TURNER DEVELOPMENT CO. INC.
- **Address:** 17325 Virginia Ave, Hagerstown, MD, 21740-7604
- **NAICS:** 713950
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 12/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $237K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** First United Bank & Trust
- **Servicing:** First United Bank & Trust (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*