PPP Loan information for Tru line manufacturing co., inc.

$704,400

Tru line manufacturing co., inc. was initially approved for PPP Loan of amount $704,400, the current approved amount is $704,400. The loan was approved on 04/13/2020 by The Peoples Bank of Alabama reported 65 jobs and $704,400 was used to fund payroll.

Tru line manufacturing co., inc. is Existing or more than 2 years old

PPP Loan Search / AL / DECATUR / Tru line manufacturing co., inc.

TRU LINE MANUFACTURING CO., INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TRU LINE MANUFACTURING CO., INC.

Borrower Address

3510 Central Parkway SW

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35603-1620

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

704400.00

Current Approval Amount

704400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35603-1620

CD

AL-05

Jobs Reported

65

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

612600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

91800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

710720.03

Forgiveness Date

03/10/2021

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