PPP Loan information for Truform machine inc

$455,723

Truform machine inc was initially approved for PPP Loan of amount $455,723, the current approved amount is $455,723. The loan was approved on 01/16/2021 by The County National Bank reported 18 jobs and $455,723 was used to fund payroll.

Truform machine inc is Existing or more than 2 years old

PPP Loan Search / MI / Jackson / Truform machine inc

TRUFORM MACHINE INC

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TRUFORM MACHINE INC

Borrower Address

2510 Precision St

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49202-3967

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

455722.54

Current Approval Amount

455722.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49202-3967

CD

MI-05

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

455718.54

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

460330.40

Forgiveness Date

01/25/2022

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