PPP Loan information for True speed enterprises, inc.

$170,800

True speed enterprises, inc. was initially approved for PPP Loan of amount $170,800, the current approved amount is $170,800. The loan was approved on 04/10/2020 by The Truist Bank reported 7 jobs and $170,800 was used to fund payroll.

True speed enterprises, inc. is Existing or more than 2 years old

TRUE SPEED ENTERPRISES, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TRUE SPEED ENTERPRISES, INC.

Borrower Address

438 SOUTHPOINT CIR

Borrower City

BROWNSBURG

Borrower State

IN

Borrower Zip

46112-2203

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170800.00

Current Approval Amount

170800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROWNSBURG

Project County Name

HENDRICKS

Project State

IN

Project Zip

46112-2203

CD

IN-04

Jobs Reported

7

NAICS Code

711219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170800.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172674.06

Forgiveness Date

05/21/2021

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