# PPP loan: TURNER MACHINE CO, INC.
> **$341K** approved 04/08/2020 · Paid in Full · Loan `8790587004`
## Borrower
- **Name:** TURNER MACHINE CO, INC.
- **Address:** 5311 SOUTHWEST BLVD, TULSA, OK, 74107-8968
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $345K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Rent:** $20K
- **Utilities:** $10K
- **Health care:** $24K
- **Debt interest:** $10K
- **Jobs reported:** 21
## Lender
- **Originating:** Grand Bank
- **Servicing:** Grand Bank (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*