On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $20.5 million cash to expand operation
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On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $20.5 million cash to expand operation
On August 1, 2021, Trico Technologies, an aeronautic electronicscompany, borrows $20.5 million cash to expand operations. The loanis made by FirstBanc Corp. under a short-term line of creditarrangement. Trico signs a six-month, 6% promissory note. Interestis payable at maturity. FirstBanc Corp.’s year-end is December31.