# PPP loan: TURNKEY ENGINEERING TEAM, INC.
> **$284K** approved 05/01/2020 · Paid in Full · Loan `2471267705`
## Borrower
- **Name:** TURNKEY ENGINEERING TEAM, INC.
- **Address:** 2255 MARTIN AVE STE G, SANTA CLARA, CA, 95050
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $39K
- **Utilities:** $4K
- **Health care:** $17K
- **Debt interest:** $378
- **Jobs reported:** 12
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*