PPP Loan information for True label, inc.

$273,700

True label, inc. was initially approved for PPP Loan of amount $273,700, the current approved amount is $273,700. The loan was approved on 04/10/2020 by The The State Bank and Trust Company reported 30 jobs and $273,700 was used to fund payroll.

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

TRUE LABEL, INC.

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

TRUE LABEL, INC.

Borrower Address

946 Kane Street Suite B

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43612-1246

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

273700.00

Current Approval Amount

273700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57477

Servicing Lender Name

The State Bank and Trust Company

Servicing Lender Address

401 Clinton St

Servicing Lender City

DEFIANCE

Servicing Lender State

OH

Servicing Lender Zip

43512-2632

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43612-1246

CD

OH-09

Jobs Reported

30

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

273700.00

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

Corporation

Originating Lender Location Id

57477

Originating Lender

The State Bank and Trust Company

Originating Lender City

DEFIANCE

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275577.89

Forgiveness Date

12/28/2020

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