Trucent, Inc.

$1,960,624 PPP Loan in Dexter, Michigan

Loan Details

Loan Number
8974847004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,960,624
Current Approval
$1,960,624
Forgiveness Amount
$1,987,844
Forgiveness Date
Sep 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Trucent, Inc.
Address
7400 Newman Blvd. 0.0
City
Dexter
ZIP Code
48130-1557
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$31.7M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$1,649,977
Rent
$64,327
Utilities
$21,870
Health Care
$164,450
Debt Interest
$60,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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