# PPP loan: TURBO COMPONENTS, INC.
> **$328K** approved 04/27/2020 · Paid in Full · Loan `4618707210`
## Borrower
- **Name:** TURBO COMPONENTS, INC.
- **Address:** 14680 Apple Drive, Fruitport, MI, 49415-9511
- **NAICS:** 331524
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Mortgage interest:** $66K
- **Jobs reported:** 41
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*