PPP Loan information for True colors industrial llc

$105,315

True colors industrial llc was initially approved for PPP Loan of amount $105,315, the current approved amount is $105,315. The loan was approved on 04/28/2020 by The ChoiceOne Bank reported 11 jobs and $105,315 was used to fund payroll.

True colors industrial llc is Existing or more than 2 years old

TRUE COLORS INDUSTRIAL LLC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TRUE COLORS INDUSTRIAL LLC

Borrower Address

6810 Sienna Dr SE

Borrower City

Caledonia

Borrower State

MI

Borrower Zip

49316-8198

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105315.00

Current Approval Amount

105315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Caledonia

Project County Name

KENT

Project State

MI

Project Zip

49316-8198

CD

MI-03

Jobs Reported

11

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105315.00

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

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106339.30

Forgiveness Date

04/29/2021

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