# PPP loan: INDUSTRIAL TURNAROUND CORPORATION
> **$8.11M** approved 04/14/2020 · Paid in Full · Loan `6522397109`
## Borrower
- **Name:** INDUSTRIAL TURNAROUND CORPORATION
- **Address:** 13141 North Enon Church Road, CHESTER, VA, 23836
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $8.11M
- **Initial approval:** $8.11M
- **Forgiven:** $8.20M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $305K
- **Utilities:** $7.47M
- **Health care:** $300K
- **Debt interest:** $35K
- **Jobs reported:** 455
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*