PPP Loan information for Trustec systems

$25,000

Trustec systems was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 03/05/2021 by The Community State Bank reported 3 jobs and $25,000 was used to fund payroll.

Trustec systems is Existing or more than 2 years old

TRUSTEC SYSTEMS

Date Approved

03/05/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

TRUSTEC SYSTEMS

Borrower Address

308 Mill St

Borrower City

Churubusco

Borrower State

IN

Borrower Zip

46723-1902

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22924

Servicing Lender Name

Community State Bank

Servicing Lender Address

802 E Albion St

Servicing Lender City

AVILLA

Servicing Lender State

IN

Servicing Lender Zip

46710-9691

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Churubusco

Project County Name

WHITLEY

Project State

IN

Project Zip

46723-1902

CD

IN-03

Jobs Reported

3

NAICS Code

541513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24999.00

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

22924

Originating Lender

Community State Bank

Originating Lender City

AVILLA

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25129.86

Forgiveness Date

09/15/2021

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