PPP Loan information for True., inc.

$26,300

True., inc. was initially approved for PPP Loan of amount $26,300, the current approved amount is $26,300. The loan was approved on 07/21/2020 by The Minnwest Bank reported 1 jobs and $26,300 was used to fund payroll.

True., inc. is New Business or 2 years or less

TRUE., INC.

Date Approved

07/21/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRUE., INC.

Borrower Address

4984 200TH ST

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-8062

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26300.00

Current Approval Amount

26300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-8062

CD

MN-08

Jobs Reported

1

NAICS Code

519190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26300.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26467.89

Forgiveness Date

03/22/2021

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