PPP Loan information for Trutron corporation

$268,000

Trutron corporation was initially approved for PPP Loan of amount $323,000, the current approved amount is $268,000. The loan was approved on 04/28/2020 by The Bank of Ann Arbor reported 21 jobs and $268,000 was used to fund payroll.

Trutron corporation is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Trutron corporation

TRUTRON CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TRUTRON CORPORATION

Borrower Address

274 Executive Drive

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-4530

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323000.00

Current Approval Amount

268000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-4530

CD

MI-11

Jobs Reported

21

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

268000.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

269732.82

Forgiveness Date

12/31/2020

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