PPP Loan information for Tera technology group

$41,400

Tera technology group was initially approved for PPP Loan of amount $41,400, the current approved amount is $41,400. The loan was approved on 06/29/2020 by The Cache Valley Bank reported 3 jobs and $41,400 was used to fund payroll.

Tera technology group is Existing or more than 2 years old

TERA TECHNOLOGY GROUP

Date Approved

06/29/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

TERA TECHNOLOGY GROUP

Borrower Address

2 South Dupont Road

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19805-1446

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41400.00

Current Approval Amount

41400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19805-1446

CD

DE-

Jobs Reported

3

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41400.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41768.00

Forgiveness Date

05/27/2021

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