PPP Loan information for Tera inc

$62,615

Tera inc was initially approved for PPP Loan of amount $62,615, the current approved amount is $62,615. The loan was approved on 02/11/2021 by The Old National Bank reported 16 jobs and $62,615 was used to fund payroll.

Tera inc is Existing or more than 2 years old

PPP Loan Search / IN / North Vernon / Tera inc

TERA INC

Date Approved

02/11/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

TERA INC

Borrower Address

420 S State St

Borrower City

North Vernon

Borrower State

IN

Borrower Zip

47265-2123

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62615.00

Current Approval Amount

62615.00

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

Existing or more than 2 years old

Project City

North Vernon

Project County Name

JENNINGS

Project State

IN

Project Zip

47265-2123

CD

IN-09

Jobs Reported

16

NAICS Code

812210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62615.00

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

63059.31

Forgiveness Date

11/08/2021

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