# PPP loan: TURBO RESTAURANTS, LLC
> **$4.26M** approved 04/08/2020 · Paid in Full · Loan `8272277005`
## Borrower
- **Name:** TURBO RESTAURANTS, LLC
- **Address:** 4515 Lyndon B. Johnson, DALLAS, TX, 75244
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.26M
- **Initial approval:** $4.26M
- **Forgiven:** $4.31M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.20M
- **Rent:** $800K
- **Utilities:** $266K
- **Jobs reported:** 500
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*