# PPP loan: TRUESUMMIT VENTURES, INC
> **$216K** approved 06/16/2020 · Paid in Full · Loan `6413217908`
## Borrower
- **Name:** TRUESUMMIT VENTURES, INC
- **Address:** PO BOX 610, HYDESVILLE, CA, 95547
- **NAICS:** 541513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $225K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 14
## Lender
- **Originating:** Redwood Capital Bank
- **Servicing:** Redwood Capital Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*