PPP Loan information for True method construction inc

$61,500

True method construction inc was initially approved for PPP Loan of amount $61,500, the current approved amount is $61,500. The loan was approved on 04/08/2020 by The Cache Valley Bank reported 8 jobs and $61,500 was used to fund payroll.

True method construction inc is Existing or more than 2 years old

PPP Loan Search / AZ / COLORADO CITY / True method construction inc

TRUE METHOD CONSTRUCTION INC

Date Approved

04/08/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

TRUE METHOD CONSTRUCTION INC

Borrower Address

1740 S Julias Circle

Borrower City

COLORADO CITY

Borrower State

AZ

Borrower Zip

86021

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61500.00

Current Approval Amount

61500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLORADO CITY

Project County Name

MOHAVE

Project State

AZ

Project Zip

86021-0001

CD

AZ-04

Jobs Reported

8

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61500.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62164.54

Forgiveness Date

05/12/2021

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