PPP Loan information for Truetech

$232,500

Truetech was initially approved for PPP Loan of amount $232,500, the current approved amount is $232,500. The loan was approved on 06/09/2020 by The Celtic Bank Corporation reported 12 jobs and $232,500 was used to fund payroll.

Truetech is Existing or more than 2 years old

PPP Loan Search / MD / Edgemere / Truetech

TRUETECH

Date Approved

06/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

TRUETECH

Borrower Address

2410 Sparrows Point Road

Borrower City

Edgemere

Borrower State

MD

Borrower Zip

21219-1712

Loan Status Date

12/18/2021

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

232500.00

Current Approval Amount

232500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edgemere

Project County Name

BALTIMORE

Project State

MD

Project Zip

21219-1712

CD

MD-07

Jobs Reported

12

NAICS Code

511199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

232500.00

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

Sole Proprietorship

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;