# PPP loan: TRUABUTMENT INC
> **$624K** approved 04/13/2020 · Paid in Full · Loan `4865067107`
## Borrower
- **Name:** TRUABUTMENT INC
- **Address:** 17742 Cowan, Irvine, CA, 92614
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $624K
- **Initial approval:** $624K
- **Forgiven:** $633K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $624K
- **Jobs reported:** 50
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*