PPP Loan information for Truax insurance, inc

$13,612

Truax insurance, inc was initially approved for PPP Loan of amount $13,612, the current approved amount is $13,612. The loan was approved on 04/08/2020 by The Lincoln Savings Bank reported 3 jobs and $13,612 was used to fund payroll.

Truax insurance, inc is Existing or more than 2 years old

PPP Loan Search / IA / PARKERSBURG / Truax insurance, inc

TRUAX INSURANCE, INC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TRUAX INSURANCE, INC

Borrower Address

240 3RD ST

Borrower City

PARKERSBURG

Borrower State

IA

Borrower Zip

50665-7730

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13612.00

Current Approval Amount

13612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARKERSBURG

Project County Name

BUTLER

Project State

IA

Project Zip

50665-7730

CD

IA-02

Jobs Reported

3

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1562.00

Payroll Proceed

12050.00

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

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10678.87

Forgiveness Date

12/02/2020

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