# PPP loan: TRU-HITCH INC.
> **$306K** approved 01/21/2021 · Paid in Full · Loan `3200338309`
## Borrower
- **Name:** TRU-HITCH INC.
- **Address:** 16 W West Hill Rd, Barkhamsted, CT, 06063-3221
- **NAICS:** 336212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $315K (103%)
- **Forgiveness date:** 02/15/2024
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $306K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Union Savings Bank
- **Servicing:** Union Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*