PPP Loan information for True group, inc

$2,424,625

True group, inc was initially approved for PPP Loan of amount $2,424,625, the current approved amount is $2,424,625. The loan was approved on 04/09/2020 by The Old Plank Trail Community Bank, National Association reported 121 jobs and $2,424,625 was used to fund payroll.

True group, inc is Existing or more than 2 years old

PPP Loan Search / IL / OAK BROOK / True group, inc

TRUE GROUP, INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TRUE GROUP, INC

Borrower Address

1211 W. 22ND ST

Borrower City

OAK BROOK

Borrower State

IL

Borrower Zip

60523-2064

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2424625.00

Current Approval Amount

2424625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK BROOK

Project County Name

DUPAGE

Project State

IL

Project Zip

60523-2064

CD

IL-04

Jobs Reported

121

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

242462.50

Payroll Proceed

1818468.75

Mortgage Interest Proceed

363693.75

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

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2452710.24

Forgiveness Date

06/09/2021

;