PPP Loan information for True rate inc.

$17,250

True rate inc. was initially approved for PPP Loan of amount $17,250, the current approved amount is $17,250. The loan was approved on 02/18/2021 by The First IC Bank reported 23 jobs and $17,250 was used to fund payroll.

True rate inc. is Existing or more than 2 years old

TRUE RATE INC.

Date Approved

02/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

TRUE RATE INC.

Borrower Address

350 Broadway

Borrower City

Chelsea

Borrower State

MA

Borrower Zip

02150-2874

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17250.00

Current Approval Amount

17250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124289

Servicing Lender Name

First IC Bank

Servicing Lender Address

5593 Buford Hwy

Servicing Lender City

DORAVILLE

Servicing Lender State

GA

Servicing Lender Zip

30340-1225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

SUFFOLK

Project State

MA

Project Zip

02150-2874

CD

MA-07

Jobs Reported

23

NAICS Code

522298

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17249.00

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

124289

Originating Lender

First IC Bank

Originating Lender City

DORAVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;