Turning Point Holding Company, LLC

$2,807,595 PPP Loan in Eatontown, New Jersey

Loan Details

Loan Number
8820457100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,807,595
Current Approval
$2,807,595
Forgiveness Amount
$2,843,132
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Turning Point Holding Company, LLC
Address
1 Industrial Way West Build D-G
ZIP Code
07724
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
416
Estimated Revenue
$73.9M
Rural/Urban
Urban
Congressional District
NJ-04

Loan Use Breakdown

Payroll
$2,077,595
Rent
$280,000
Utilities
$140,000
Health Care
$30,000
Debt Interest
$280,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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