AMERICAN TURBO SYSTEMS, INC. (AZ) - 2020 PPP Loan Borrower Profile (# 1140337300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN TURBO SYSTEMS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Arizona.

Loan Detail

Loan Number

1140337300

SBA Office Code

0988

Processing Method

PPP

Curent Loan Amount

$297,900

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$299,654.75

Date Loan was Forgiven

Dec 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

19,475

Payroll Proced

223,425

Rent Proceed

55,000

Lender

Royal Business Bank

Business Detail

Business Type

Corporation

NAICS

336412

Borrower Location

TUCSON, AZ

Project Location

TUCSON, AZ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.