# PPP loan: TURBINE TECHNOLOGIES INC
> **$1.14M** approved 02/12/2021 · Paid in Full · Loan `8047958400`
## Borrower
- **Name:** TURBINE TECHNOLOGIES INC
- **Address:** 126 Hyde Rd, Farmington, CT, 06032-2866
- **NAICS:** 336412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.14M
- **Utilities:** $1
- **Jobs reported:** 59
## Lender
- **Originating:** New Valley Bank & Trust
- **Servicing:** New Valley Bank & Trust (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*