Turbo Restaurants, LLC

$4,262,240 PPP Loan in Dallas, Texas

Loan Details

Loan Number
8272277005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$4,262,240
Current Approval
$4,262,240
Forgiveness Amount
$4,311,137
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Turbo Restaurants, LLC
Address
4515 Lyndon B. Johnson
City
Dallas
State
Texas
ZIP Code
75244
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Arby's
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
TX-24

Loan Use Breakdown

Payroll
$3,196,680
Rent
$800,000
Utilities
$265,560

Lender Information

Servicing Lender
Simmons Bank
Originating Lender
Simmons Bank

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