PPP Loan information for True fabrications and machine inc.

$359,700

True fabrications and machine inc. was initially approved for PPP Loan of amount $359,700, the current approved amount is $359,700. The loan was approved on 01/30/2021 by The Comerica Bank reported 27 jobs and $359,700 was used to fund payroll.

True fabrications and machine inc. is Existing or more than 2 years old

TRUE FABRICATIONS AND MACHINE INC.

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TRUE FABRICATIONS AND MACHINE INC.

Borrower Address

1731 Thorncroft Dr

Borrower City

Troy

Borrower State

MI

Borrower Zip

48084-4613

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

359700.00

Current Approval Amount

359700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-4613

CD

MI-11

Jobs Reported

27

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

359698.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361948.13

Forgiveness Date

09/17/2021

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