PPP Loan information for True recovery inc.

$528,577

True recovery inc. was initially approved for PPP Loan of amount $528,577, the current approved amount is $528,577. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 23 jobs and $528,577 was used to fund payroll.

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

TRUE RECOVERY INC.

Date Approved

04/16/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

TRUE RECOVERY INC.

Borrower Address

20351 SW ACACIA ST FL 2

Borrower City

NEWPORT BEACH

Borrower State

CA

Borrower Zip

92660

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

528577.00

Current Approval Amount

528577.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT BEACH

Project County Name

ORANGE

Project State

CA

Project Zip

92660-0100

CD

CA-47

Jobs Reported

23

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8217.00

Payroll Proceed

422863.00

Mortgage Interest Proceed

0.00

Rent Proceed

72319.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25178.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

534303.84

Forgiveness Date

05/21/2021

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