PPP Loan information for Tera, inc

$59,800

Tera, inc was initially approved for PPP Loan of amount $59,800, the current approved amount is $59,800. The loan was approved on 04/30/2020 by The Old National Bank reported 18 jobs and $59,800 was used to fund payroll.

Tera, inc is Unanswered

TERA, INC

Date Approved

04/30/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TERA, INC

Borrower Address

420 South State Street

Borrower City

NORTH VERNON

Borrower State

IN

Borrower Zip

47265

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59800.00

Current Approval Amount

59800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

NORTH VERNON

Project County Name

JENNINGS

Project State

IN

Project Zip

47265-0001

CD

IN-09

Jobs Reported

18

NAICS Code

812210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60106.37

Forgiveness Date

11/24/2020

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