PPP Loan information for Tru industries inc.

$98,700

Tru industries inc. was initially approved for PPP Loan of amount $98,700, the current approved amount is $98,700. The loan was approved on 04/10/2020 by The Reliance Bank reported 8 jobs and $98,700 was used to fund payroll.

Tru industries inc. is Existing or more than 2 years old

TRU INDUSTRIES INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRU INDUSTRIES INC.

Borrower Address

3751 MCKNIGHT RD

Borrower City

CHASKA

Borrower State

MN

Borrower Zip

55318-3030

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98700.00

Current Approval Amount

98700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449710

Servicing Lender Name

Reliance Bank

Servicing Lender Address

2300 NW 30th St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-1938

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHASKA

Project County Name

CARVER

Project State

MN

Project Zip

55318-3030

CD

MN-06

Jobs Reported

8

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

98700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

449710

Originating Lender

Reliance Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87747.81

Forgiveness Date

12/28/2020

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