True Fabrications and Machine, Inc.

$363,500 PPP Loan in Troy, Michigan

Loan Details

Loan Number
1201977309
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$363,500
Current Approval
$363,500
Forgiveness Amount
$365,812
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
True Fabrications and Machine, Inc.
Address
1731 Thorncroft
City
Troy
ZIP Code
48084-4613
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332313)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$290,814
Mortgage Interest
$72,686

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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