PPP Loan information for True rate inc.

$13,700

True rate inc. was initially approved for PPP Loan of amount $13,700, the current approved amount is $13,700. The loan was approved on 04/11/2020 by The First IC Bank reported 1 jobs and $13,700 was used to fund payroll.

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

PPP Loan Search / MA / CHELSEA / True rate inc.

TRUE RATE INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TRUE RATE INC.

Borrower Address

350 BROADWAY

Borrower City

CHELSEA

Borrower State

MA

Borrower Zip

02150-2871

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13700.00

Current Approval Amount

13700.00

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

02150-2871

CD

MA-07

Jobs Reported

1

NAICS Code

522298

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13700.00

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

13814.48

Forgiveness Date

02/22/2021

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